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Home > News > Paint & Coating News > Consolidation of domestic phthalic anhydride market trend on January 10

Consolidation of domestic phthalic anhydride market trend on January 10

ECHEMI 2020-01-15

Guide reading of phthalic anhydride: Yesterday, the domestic market trend of phthalic anhydride was consolidated, the downstream demand did not improve substantially, and the situation of poor delivery was maintained. Faced with the shipping resistance, the industry was also under pressure, especially the downstream demand and resistance were obvious, aggravating the wait-and-see, but the overall trend of phthalic anhydride was slow. The reference price in East China is 6200-6250 CNY/ton, while that in North China is 6100-6200 CNY/ton. Future forecast: it is difficult to improve the terminal demand. Near the Spring Festival, the demand will continue to slow down. It is expected that the market will continue to consolidate temporarily.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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