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Home > News > Paint & Coating News > On January 19, the domestic phthalic anhydride market ran smoothly

On January 19, the domestic phthalic anhydride market ran smoothly

ECHEMI 2020-01-22

Guide reading of phthalic anhydride: Yesterday, the domestic phthalic anhydride market ran smoothly, and the terminal gradually left the market. It was difficult to follow up with the new order. The downstream DOP manufacturers stopped or cut production plans were implemented successively. The demand for phthalic anhydride continued to slow down, coupled with transportation restrictions, and the cost pressure remained. It is expected that the trend is mostly horizontal. The reference price in East China is 6100-6200 CNY/ton, while that in North China is 6100-6200 CNY/ton. Future forecast: the demand outlook is hard to change, and part of the production reduction has been implemented in succession, which is expected to continue the stalemate.

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