On March 16, China’s domestic phthalic anhydride price continued to decline

According to statistics, the price of phthalic anhydride in China continues to decline. As of March 16, the price of phthalic anhydride in ortho phthalic method was 5362.5 yuan / ton. Recently, the price of phthalic anhydride in China has been falling continuously, the demand of plasticizer industry is general, and the market of phthalic anhydride is weak.

 

EDTA

In recent years, the market price of phthalic anhydride in China has continued to decline. Due to the impact of a sharp decline in the price of crude oil in the early stage, the price of phthalic anhydride upstream raw material o-benzene has declined significantly, and the affected price of phthalic anhydride market has continued to decline. In addition, some phthalic anhydride manufacturers still have inventory in the near future, and the delivery situation is poor. The market price of phthalic anhydride and phthalic anhydride in East China fell, the downstream factories returned to work slowly, the factory inventory pressure increased, the high-end transactions were blocked, and the market price fell continuously. In East China, 5300-5600 yuan / ton is the main flow of negotiation for neighboring method and 5000-5200 yuan / ton is the main flow of negotiation for naphthalene method; in North China, 5200-5600 yuan / ton is the main flow of quotation for phthalic anhydride market, most of the manufacturers’ prices in the site fall, the downstream construction is not high, the main flow of procurement is on demand, and the wait-and-see mentality is strong. The domestic phthalic anhydride plant starts generally, the spot supply of phthalic anhydride in the site is sufficient, and the price of phthalic anhydride goes along The trend is falling.

 

Melamine

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec has dropped to 5000 yuan / ton, the import phthalic acid Market in port area has been temporarily stable, the quotation has been temporarily stable, the recent port phthalic acid market has been temporarily stable, and the external quotation of phthalic acid has been temporarily stable, the actual transaction price is subject to negotiation, and the detailed discussion shows that the operation of phthalic acid equipment is basically normal, the supply of phthalic acid is stable, and the phthalic anhydride market is affected by the low price of upstream raw materials phthalic acid Market prices continued to fall.

 

The downstream DOP raw material phthalic anhydride price is temporarily stable, the price of isooctanol is fluctuating and falling, the cost of DOP raw material is fluctuating and falling, DOP enterprises are operating at low load, and the logistics and transportation are recovering gradually in the near future, but DOP manufacturers still have a lot of inventory. DOP price fell, PVC enterprise equipment start low, customer procurement enthusiasm is poor. The mainstream quotation of DOP market is about 6700-7000 yuan / ton, a small amount of market plasticizer is traded, the price of upstream ox is fluctuating, and the market price of phthalic anhydride is expected to be slightly lower in the later stage.

EDTA 2Na