On August 21, the phthalic anhydride commodity index was 57.10, unchanged from yesterday, down 52.47% from the cyclical peak of 120.13 points (2012-02-28), and up 17.93% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).
| Sodium Molybdate |
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 price shocks fell, isooctanol price shocks fell, DOP costs fell. DOP prices fell, DOP downstream demand shocks remained stable, customer purchasing enthusiasm was general, downstream PVC market shocks remained stable, DOP market mainstream transaction price of about 7300 yuan/ton, downstream prices slightly lower, it is expected that the market price of phthalic anhydride in the later period will maintain the trend of shocks.
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