1. Domestic PP plant commissioning in 2019

Although environmental protection problems can not be ignored at present, it is not expected that the future installation will be put into operation. Dongguan Juzhengyuan and Zhongan United will basically release the bad news before September, Qinghai Damei in the fourth quarter, Ningbo Fuji Phase II, Zhejiang Petrochemical and other bad news will soon be released, and the overall market trend will be weak in the future.

2. Main factors affecting the rise and fall of the market

At present, the main reasons affecting the market trend are supply and demand, that is, demand and cost. Recently, the imbalance between supply and demand in the industrial chain has led to the setback of market price. In fact, the mentality of businessmen plays an important role in the trading market. Once businessmen are optimistic about the market, the market will be speculated. If businessmen are short of the market, the price will be lower than the average level of the market. In short, the market price is flexible, but the supply and demand industry chain has gradually become a major problem for PP people.

3. Current situation of PP

At present, the price of polypropylene market is still hovering at a low price. Although the current market price decline has been delayed, many businessmen dare not rush into the market in view of the current market. In addition, the demand of downstream factories has been sluggish this year, the shipment difficulty of enterprises is higher, and the market is still difficult to change in the short term. The mainstream market price is 8600-8900 yuan/ton. The quotation of traders keeps pace with the pace of production enterprises. It is difficult to release volume in the whole market, which leads to the further increase of social inventory.

4. Future Market Forecast

Petrochemical inventories continued to decline, together with eased trade relations, strong shocks in polypropylene futures, giving a positive boost to the market, today’s overall market trading atmosphere is slightly better than the previous period. At present, the price difference between PP powder and granular material is small, and the price advantage of granular material is obvious. At the same time, the downstream demand boosts the price of PP granular material. It is expected that the market of PP granular material will go up slightly in the near future. The mainstream of wire drawing is hovering between 8600 and 8900 yuan/ton, while the mainstream of copolymerization is between 8550 and 9300 yuan/ton.

On August 15, 2019, the price of fluorine chemical industry rose and fell in a total of 1 commodities, fell in a total of 0 commodities, rose and fell to 0 in a total of 4 commodities. Rising products: trichloromethane (1.92%); stable products include hydrofluoric acid, fluorite, aluminium fluoride and cryolite.

On August 15, the market price trend of fluorine chemical raw materials was temporarily stable. The price of fluorite raw materials was 3093.75 yuan/ton. Recently, some domestic fluorite plants started to operate normally. Mines and flotation plants in the field started to operate normally. Fluorite supply vehicles in the field. However, the recent downstream market was not good, and the price of fluorite was affected by the decline. The fluorite market in southern China is generally in operation, while the fluorite market in southern China is stable for the time being. As of the 15th day, the price of fluorite in Inner Mongolia is 2800-3000 yuan/ton, the mainstream of fluorite negotiation in Fujian is 2900-3200 yuan/ton, the price of fluorite in Henan is 2900-3100 yuan/ton, and the price of fluorite in Jiangxi is 2900-3300 yuan/ton. It is expected that the price of fluorite will decrease slightly in the later period.

Recent market trend of downstream refrigerant industry is poor, starting rate remains low, and demand for hydrofluoric acid has decreased. However, due to normal supply in the field, the market price of hydrofluoric acid has slightly declined. As of the 15th day, the market price of hydrofluoric acid is 11 430 yuan/ton. Recently, the market price of hydrofluoric acid has declined, and the domestic starting rate of hydrofluoric acid is 6. Chengdu, the company reflects that the current spot supply of hydrofluoric acid is sufficient, the market is poor in the near future, and some enterprises’ex-factory prices have been lowered. As of now, the mainstream of hydrofluoric acid negotiations in the southern region is about 10500-11000 yuan/ton, while the price of hydrofluoric acid in the northern market is about 10500-11500 yuan/ton. However, people in the field reflect the recent hydrofluoric acid prices. The acid market is not good, Business Analyst Chen Ling thinks the hydrofluoric acid market may slightly lower.

The price trend of aluminium fluoride products is temporarily stable, the supply on the market is normal, and the trading market is general. The quotation of aluminium fluoride from Zhengzhou Tianrui Grain Technology Co., Ltd. is 11,000 yuan/ton. The quotation of aluminium fluoride from Shandong Luzeng Chemical Co., Ltd. is 10,800 yuan/ton. The quotation of aluminium fluoride from Zhengzhou Zerun Energy Chemical Co., Ltd. is 10,500 yuan/ton. The quotation of aluminium fluoride from Star Industrial Aluminum Fluoride quoted 9500 yuan/ton.

Recently, the price of trichloromethane has risen slightly in Shandong. The ex-factory price of trichloromethane enterprises is about 2650 yuan/ton. The production start-up rate of enterprises is low. The 440,000 tons/year plant in Jinling, Shandong Province, has started normal operation. The 120,000 tons/year plant in Jinmao, Dongying, has been overhauled. The 220,000 tons/year plant in Luxi Chemical Industry has started 60% of the plant. The domestic trichloromethane production enterprises supply positive results. Often, inventory is low.

In recent years, the price trend of domestic cryolite is temporarily stable, the operation of on-site equipment is stable and the supply is normal. The domestic negotiation price is about 6500-7000 yuan/ton. The actual transaction price is mainly negotiation. Generally speaking, the recent market of fluorine chemical industry is general, and it is expected that the trend of fluorine chemical industry will remain turbulent in the later period.

Price trends:

According to the data of business associations, the trend of domestic PA6 market was temporarily stable in the third week of August. Traders’mainstream offer price of 2.75-2.85 for Sino-Viscose was about 13933.33 yuan/ton, which was basically the same as that at the beginning of the week.

2. Analysis of influencing factors:

Since August, the caprolactam liquid market has been steadily declining. This week, the turnover of caprolactam liquid sources in East China has declined. The upstream product cyclohexanone market is weak, the cost support is weakened; the downstream slice Market is light, the polymerization plant is losing some money, the enthusiasm of raw material procurement is not high, the caprolactam is dragged down by demand, and the price is lower. At present, more than 70% of caprolactam plants have been started, and the spot market supply has improved. At present, the profit is limited, spot delivery is weak, the future market may continue to be weak and stable, rigid adjustment; the weakening of caprolactam on PA6 cost support is limited, this week the domestic PA6 market trend is stable. Spot supply is more adequate, downstream demand follow-up improvement is limited, maintain just needed procurement. The news of the postponement of the US-China tariff policy is positive, and the confidence of domestic traders has improved, but the high-price single transaction is still difficult, and both sides of the trade are cautious.

3. Future market forecast:

Business analysts believe that: in the third week of August PA6 upstream caprolactam steadily declined, weakly stable adjustment. The cost-side support for PA6 is weakened. The trade frictions between China and the United States released a mitigation signal to boost business confidence, but the downstream demand of PA6 has limited follow-up improvement, and trading is flat. The price of domestic PA6 market is stable for the time being, and it is expected that PA6 will be sorted out in a small way in the near future.

1. Commodity Name: Magnesium Ingot (9990)

2. Latest Price (2019.8.14): 15,750 yuan/ton

Magnesium ingots (99.9%, non-pickling, simple packaging) from the main producing areas in China are charged with cash tax as follows:

Fugu area ex-factory includes 15700-15800 yuan/ton of tax, Taiyuan area 15800-15950 yuan/ton of cash, Wenxi area 15900-16100 yuan/ton of cash and Ningxia area 15700-15850 yuan/ton of cash.

3. Analysis Points: Recently, the price of magnesium ingot has increased slightly. It is reported that most factories have fewer spot sources and less inventory pressure, which is the driving force to boost market prices. On the one hand, based on the release of orders in the previous export backlog, the demand has improved slightly, on the other hand, the supply side is now in the off-season of production, hot weather and plant equipment maintenance practices, it is expected that factory output will decline, the overall inventory of the factory is not large, and the willingness of the factory to bid is still in place.

4. Future market forecast: This week, the market turnover is good, pre-sale orders have been signed from time to time. It is expected that the price of magnesium ingots will be stable and strong in the near future. Later, it will focus on the actual market transactions and maintenance of magnesium plants.

On August 14, the PX Commodity Index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 14th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of the operation. Fuhai Created Aromatic Hydrocarbon Plant started a line. CNOOC Huizhou Refinery and Chemical Plant overhauled. Hengli Petrochemical PX Plant went into operation. Other units operated steadily temporarily because of the introduction of new units. Domestic market supply of p-xylene is normal, and market price trend of p-xylene is temporarily stable. The opening rate of PX plant in Asia is about 80%. The closing price of p-xylene in Asia rose by 3 US dollars/ton on August 13. The closing price is 774-776 US dollars/ton FOB in Korea and 793-795 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The rise of foreign prices has a positive impact on the domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.

On August 13, the price of WTI crude oil futures rose to $57.10 per barrel, an increase of $2.17. Brent crude oil futures rose to $61.30 per barrel, an increase of $2.73. The rising trend of crude oil prices has provided some favorable support for downstream petrochemical products, while the price of p-xylene market has temporarily stabilized. Recent textile industry market shocks, PTA price trend shocks 14 days, the average price in East China is around 5200-5300 yuan/ton, as of 13 days domestic PTA start-up rate is about 92.5%, polyester industry start-up rate is about 85%, downstream production and sales rate has not changed much, but PTA market price trend shocks, expected later PX market price or The shock will be maintained.

On August 14, the hydrofluoric acid commodity index was 103.72, which was the same as yesterday. It was 26.14% lower than the peak of 140.43 points in the cycle (2018-02-21), and 93.54% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the price trend of domestic hydrofluoric acid market was temporarily stable on August 14. Up to now, the domestic market price of hydrofluoric acid was 11 430 yuan/ton, and the domestic start-up rate of hydrofluoric acid was less than 60%. Enterprises reflected that the supply of hydrofluoric acid on the spot was sufficient at present, and the recent market situation was general. Recently, due to the poor demand downstream, some hydrofluoric acid was in short supply. Manufacturers cut prices slightly, and the market price of hydrofluoric acid fell. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10500-11000 yuan/ton, while the price of hydrofluoric acid in the northern market is between 11000-11500 yuan/ton. Domestic hydrofluoric acid market price declined, spot supply is normal, but the demand situation is poor, hydrofluoric acid market price trend is temporarily stable.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is poor, the recent downstream refrigerant trading market is general, hydrofluoric acid products price shocks. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, the production enterprise device is stable, but the pressure of goods is too high, inventory expansion appears to a certain extent, the enterprise aims to make profits to deliver goods. The downstream weakness continues, the peak season of refrigerants has passed, and demand has only decreased but not increased. The price of domestic large enterprises has maintained the level of 17,000-18,000 yuan/ton. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the price of on-site transactions does not change much. Businessmen purchase on demand. At the end of the peak season, the downstream demand of terminals decreases but does not increase. The downstream demand is not good, and the price trend of hydrofluoric acid market is low. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the market price of hydrofluoric acid has declined.

Refrigerant field turnover is poor, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is limited, hydrofluoric acid spot supply is normal, Business Analyst Chen Ling believes that the hydrofluoric acid market may be slightly lower.

On August 13, the rare earth index was 371 points, down 2 points from yesterday, down 62.90% from the cyclical peak of 1000 points (2011-12-06), and up 36.90% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

The average price of Neodymium in rare earth metals is 387,500 yuan per ton, dysprosium metal is 2.3 million yuan per ton, and the average price of praseodymium metal is down 5,000 yuan per ton to 695,000 yuan per ton. The average price of praseodymium and neodymium oxide in rare earth oxides is 307,500 yuan per ton; dysprosium oxide is 1.95 million yuan per ton; the average price of praseodymium oxide is 7,500 yuan per ton to 3.825 million yuan per ton; and the average price of neodymium oxide is 3.095 million yuan per ton. The price of praseodymium and neodymium alloys in rare earth alloys is 387,500 yuan per ton, and the average price of dysprosium and iron alloys is 1.94 million yuan per ton.

Recently, the prices of some products in the rare earth market have fallen, the domestic rare earth market is in general, and the prices of some commodities in the rare earth market are temporarily stable. However, in the near future, the prices of some products in the rare earth market have been slightly lower, dysprosium metals have been warming up, praseodymium and neodymium series products have recently fallen back, the supply in the market is normal, and the prices of light rare earths have slightly fallen in the near future. Slippery. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under stringent environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market input of rare earth oxides, especially some mainstream rare earth oxides, with normal supply and stable price trend in the rare earth market. Recently, large enterprise groups in the field are reluctant to sell. The market of rare earth oxides is general, but for products. Pricing major manufacturers are also cautious.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, the demand in the downstream is normal, and the trading market of the rare earth industry has not changed much.

Rare earth analysts of business associations expect that the domestic environmental protection will not be reduced in the near future, coupled with the domestic reorganization of the order of the rare earth industry, Myanmar’s export restrictions and normal supply, but the recent rare earth market trading situation is general, and the price of the rare earth market is expected to remain mainly volatile.

According to the survey data of business associations, the average market price in East China is about 1676.67 yuan per ton. The light soda commodity index on August 13 was 85.98, which was the same as yesterday. It was 27.05% lower than the peak of 117.86 points in the cycle (2017-11-21), and 36.15% higher than the low of 63.15 points on November 18, 2015. (Note: Period refers to 2011-09-01 to date)

Domestic soda market is mainly stable, the market is not warm. At present, the mainstream factory price of light alkali in China is 1500-1680 yuan/ton, and the terminal price of heavy alkali is 1700-1800 yuan/ton. The actual transaction price can be further discussed. The domestic soda market operates in a narrow range and is relatively stable as a whole. Heavy caustic soda market consolidation is the main, manufacturers shipment situation is still acceptable.

Soda analysts believe that the recent start-up load of soda manufacturers has been maintained at about 80%, and the overall supply of goods is sufficient. Downstream demand is sluggish, more cautious wait-and-see market-oriented. Affected by the typhoon, the enterprise load has been slightly reduced, the start of construction has been slightly inadequate, and the demand side has not improved significantly. In the short term, how narrow the soda market is to be sorted out and operated, specifically looking at the downstream market demand.

A Glimpse of Price Trend of Aluminum Ingot

Aluminum prices bottomed out in 2018, hovering at year-round lows, with a range of 13,450-15,000 yuan/ton. In the first nine months, the price of aluminium was running in a “W” trend, and in the fourth quarter, the price of aluminium dropped significantly.

In the first half of 2019, the price of aluminium was generally inverted “V” operation. The low oscillation in January lasted until before and after the Spring Festival. After the first ten days of February, the price of aluminium ingots began to rise. After a slight decline in late March, the price of aluminium ingots continued to rise in mid-April, breaking through the 14000, 14100, 14200 and 14300 levels continuously. At the end of May, the price of aluminium ingots reached its peak in the year and fell in June. On July 3, the price of aluminium stopped falling and rose, opening up the mode of shock and attack.

According to the data of business associations, the average price of aluminium (99.70) market as of August 13 was 14260 yuan/ton, up 5.84% compared with the average price of 13473.33 yuan/ton at the beginning of the year (January 1); the trough value of 13223.33 yuan/ton (January 15), up 7.84%; the peak value of 14383.33 yuan/ton (May 15) fell 0.72%; and from the beginning of 2019 to the beginning of 2019. The current interval amplitude is 8.61%.

Aluminum ingot prices jumped 2% this week.

Aluminum ingots, with an annual amplitude of only 8.61%, have risen by 2% this week. According to data from business associations, the average market price of aluminium (99.70) on August 13 was 14,260 yuan/ton, up 2.20% from the average market price of 13,953.33 yuan/ton at the beginning of the week (10 August); it is reported that the market price of aluminium ingots began to rise in the afternoon of 12 August, with a daily increase of 2.08% as of the afternoon of 13 August.

Expected Enhancement of Price Bottom of Alumina Raw Material

1. China’s domestic bauxite consumption declined in July

According to relevant data, China’s domestic bauxite consumption in July was about 7.07 million tons, a decrease of about 3.0% annually, and a decrease of about 12.2% year on year. From January to July 2019, China’s domestic bauxite consumption totaled about 54.2 million tons, a decrease of about 5.0% over the same period last year.

The data show that the consumption of domestic bauxite in Shanxi in July is about 3.27 million tons, which is about 2.7% lower than that in the previous year; the consumption of domestic bauxite in Henan is about 1.38 million tons, which is flat; the consumption in Guangxi is about 1.23 million tons, which is about 3.2% lower than that in the previous year; and the consumption in Guizhou is about 830,000 tons, which is about 3.5% lower than that in the previous year.

2. Increased reduction in alumina production in July

Affected by the persistent decline of alumina price in the early stage, the loss of alumina enterprises in northern China intensified in July, and the reduction of production of alumina enterprises in Shanxi and Henan increased. It is reported that the production line of Xing’an Chemical Alumina in Xiaoyi, Shanxi Province has been repaired since July 20, involving a capacity of 1 million tons per year for about 30 days; Huaxing Aluminum Industry in Shanxi Province has reduced its roasting capacity by 300,000 tons per year; and Sino-Aluminum Mining Industry has reduced its roasting capacity by 200,000 tons per year due to environmental problems. It is estimated that the total affected capacity will be about 1.5 million tons per year. In addition, during the 2nd National Youth Games in Xiaoyi City (August 8 – August 20), Xiaoyi related enterprises organized staggered peak production, and alumina enterprises are expected to limit production by 50%. Recently, the domestic market is expected to strengthen the bottom of alumina prices.

Smooth operation of downstream aluminium export for half a year

1. A Survey of Export Data of Aluminum Materials

According to customs statistics, China exported 487,000 tons of unwrought rolled aluminium and aluminium materials in July and 3.47 million tons in January-July, an increase of 7.4% compared with 3.23 million tons in the same period last year.

2. Domestic aluminium production (semi-annual data) declined year on year

According to Statistics Bureau data, in June 2019, China’s aluminium output was 4.333 million tons, down 3.0% from the same period last year; in January-June this year, China’s aluminium output was 23.373 million tons, down 0.5% from the same period last year.

A Glimpse of Price Trend of Aluminum Ingot

Aluminum prices bottomed out in 2018, hovering at year-round lows, with a range of 13,450-15,000 yuan/ton. In the first nine months, the price of aluminium was running in a “W” trend, and in the fourth quarter, the price of aluminium dropped significantly.

In the first half of 2019, the price of aluminium was generally inverted “V” operation. The low oscillation in January lasted until before and after the Spring Festival. After the first ten days of February, the price of aluminium ingots began to rise. After a slight decline in late March, the price of aluminium ingots continued to rise in mid-April, breaking through the 14000, 14100, 14200 and 14300 levels continuously. At the end of May, the price of aluminium ingots reached its peak in the year and fell in June. On July 3, the price of aluminium stopped falling and rose, opening up the mode of shock and attack.

According to the data of business associations, the average price of aluminium (99.70) market as of August 13 was 14260 yuan/ton, up 5.84% compared with the average price of 13473.33 yuan/ton at the beginning of the year (January 1); the trough value of 13223.33 yuan/ton (January 15), up 7.84%; the peak value of 14383.33 yuan/ton (May 15) fell 0.72%; and from the beginning of 2019 to the beginning of 2019. The current interval amplitude is 8.61%.

Aluminum ingot prices jumped 2% this week.

Aluminum ingots, with an annual amplitude of only 8.61%, have risen by 2% this week. According to data from business associations, the average market price of aluminium (99.70) on August 13 was 14,260 yuan/ton, up 2.20% from the average market price of 13,953.33 yuan/ton at the beginning of the week (10 August); it is reported that the market price of aluminium ingots began to rise in the afternoon of 12 August, with a daily increase of 2.08% as of the afternoon of 13 August.

Expected Enhancement of Price Bottom of Alumina Raw Material

1. China’s domestic bauxite consumption declined in July

According to relevant data, China’s domestic bauxite consumption in July was about 7.07 million tons, a decrease of about 3.0% annually, and a decrease of about 12.2% year on year. From January to July 2019, China’s domestic bauxite consumption totaled about 54.2 million tons, a decrease of about 5.0% over the same period last year.

The data show that the consumption of domestic bauxite in Shanxi in July is about 3.27 million tons, which is about 2.7% lower than that in the previous year; the consumption of domestic bauxite in Henan is about 1.38 million tons, which is flat; the consumption in Guangxi is about 1.23 million tons, which is about 3.2% lower than that in the previous year; and the consumption in Guizhou is about 830,000 tons, which is about 3.5% lower than that in the previous year.

2. Increased reduction in alumina production in July

Affected by the persistent decline of alumina price in the early stage, the loss of alumina enterprises in northern China intensified in July, and the reduction of production of alumina enterprises in Shanxi and Henan increased. It is reported that the production line of Xing’an Chemical Alumina in Xiaoyi, Shanxi Province has been repaired since July 20, involving a capacity of 1 million tons per year for about 30 days; Huaxing Aluminum Industry in Shanxi Province has reduced its roasting capacity by 300,000 tons per year; and Sino-Aluminum Mining Industry has reduced its roasting capacity by 200,000 tons per year due to environmental problems. It is estimated that the total affected capacity will be about 1.5 million tons per year. In addition, during the 2nd National Youth Games in Xiaoyi City (August 8 – August 20), Xiaoyi related enterprises organized staggered peak production, and alumina enterprises are expected to limit production by 50%. Recently, the domestic market is expected to strengthen the bottom of alumina prices.

Smooth operation of downstream aluminium export for half a year

1. A Survey of Export Data of Aluminum Materials

According to customs statistics, China exported 487,000 tons of unwrought rolled aluminium and aluminium materials in July and 3.47 million tons in January-July, an increase of 7.4% compared with 3.23 million tons in the same period last year.

2. Domestic aluminium production (semi-annual data) declined year on year

According to Statistics Bureau data, in June 2019, China’s aluminium output was 4.333 million tons, down 3.0% from the same period last year; in January-June this year, China’s aluminium output was 23.373 million tons, down 0.5% from the same period last year.

On August 12, the phthalic anhydride commodity index was 57.42, unchanged from yesterday, down 52.20% from the cyclical peak of 120.13 points (2012-02-28), and up 18.59% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recent domestic market price fluctuation of phthalic anhydride, price fluctuation of phthalic anhydride and phthalic anhydride in eastern China, downstream factories maintaining just in need of purchase, factory inventory pressure, high-end transaction hindered, the mainstream of on-site neighbouring source negotiations is 5700-5900 yuan/ton, the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton; the mainstream of phthalic anhydride market in North China is 5300-5400 yuan/ton. The quotation ranges from 5700 to 5800 yuan/ton, the market price remains volatile, the quotation of enterprises is temporarily stable, the downstream construction is not high, the procurement is on demand, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is mainly volatile.

In the near future, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 6000 yuan/ton. The import market of phthalic anhydride in the port area has fallen, the quotation is stable, the recent market of phthalic anhydride in the port is general, the port stock is low, the quotation of o-phthalic anhydride outside market has fallen concussively, the actual transaction price is based on negotiation, the factual details are discussed in detail, Market prices remain low and volatile. Downstream DOP raw material phthalic anhydride price is temporarily stable, isooctanol price is stable, DOP cost trend is stable. DOP prices remain stable temporarily, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks rise, DOP market mainstream transaction price is about 7400 yuan/ton, downstream price shocks low, it is expected that the market price of phthalic anhydride will maintain the trend of shocks in the later period.