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Home > News > Paint & Coating News > Market consolidation of domestic phthalic anhydride market on January 13

Market consolidation of domestic phthalic anhydride market on January 13

ECHEMI 2020-01-16

Guide reading of phthalic anhydride: Yesterday, the domestic market of phthalic anhydride was consolidated, the terminal demand was slightly light, the downstream demand did not improve substantially, and the operators were cautious in operation. However, the supply level of phthalic anhydride industry was not high, and the purchase was mainly based on demand, and the local negotiation price was slightly lower, so the situation was basically stable. The reference price in East China is 6200-6250 CNY/ton, while that in North China is 6100-6200 CNY/ton. Future market forecast: the demand side is relatively weak, the market may still be dominated by small orders, and it is expected that the trend will still be more consolidation.

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