After the holiday, the phthalic anhydride market fluctuated slightly and rose

After the holiday, the phthalic anhydride market fluctuated slightly and rose

 

Gamma-PGA (gamma polyglutamic acid)

According to the Commodity Market Analysis System of Shengyi Society, as of October 14th, the price of phthalic anhydride produced by the phthalic anhydride method was 7387.5 yuan/ton, a fluctuating increase of 2.60% compared to the price of 7200 yuan/ton on October 1st. The price of ortho phthalic anhydride is temporarily stable, and the cost of ortho phthalic anhydride is stabilizing. After the holiday, the domestic price of ortho phthalic anhydride is quoted at 7200-7400 yuan/ton for production, while the price of industrial naphthalene is rising. The cost of naphthalene phthalic anhydride is also rising, and the domestic price of naphthalene phthalic anhydride is quoted at 7000-7100 yuan/ton for production.

 

Supply side: tight supply of goods

 

After the holiday, the operating load of domestic phthalic anhydride plants increased, with an increase in the operation of naphthalene phthalic anhydride equipment and an increase in the operation load of neighboring phthalic anhydride equipment. The supply of phthalic anhydride from manufacturers has increased, and the supply of phthalic anhydride is sufficient. The downward pressure of phthalic anhydride has weakened, and the upward pressure still exists.

 

The cost of raw material ortho benzene is temporarily stable

 

According to the Commodity Market Analysis System of Shengyi Society, as of October 14th, the price of ortho benzene was 7100 yuan/ton, which is temporarily stable compared to the price of ortho benzene of 7100 yuan/ton on October 1st. The price of ortho benzene is temporarily stable, the cost of ortho phthalic anhydride is stable, and the downward pressure of ortho phthalic anhydride is weakened.

 

Demand side: DOP market trend first rises and then falls

 

According to the Commodity Market Analysis System of Shengyi Society, as of October 14th, the price of plasticizer DOP was 9226.25 yuan/ton, a fluctuating increase of 2.64% compared to the DOP price of 8988.75 yuan/ton on October 1st. After the holiday, DOP prices first rose and then fell, with fluctuations in DOP prices. The post holiday economic recovery, coupled with the replenishment of plasticizers after the holiday, has led to an increase in demand for DOP and a rise in DOP prices. The operating rate of downstream plasticizer enterprises has increased, leading to an increase in demand for plasticizers; With the end of inventory replenishment and a decline in demand, coupled with a slower than expected economic recovery, the price of plasticizer DOP has fallen from a high level. The price of plasticizer DOP rose sharply and then fell back.

 

Future forecast

 

According to the data analyst of Shengyi Society’s phthalic anhydride products, in terms of cost, the price of ortho xylene is stabilizing, and the cost of phthalic anhydride is temporarily stable; In terms of supply, phthalic anhydride manufacturers are operating at high loads, and the supply of phthalic anhydride is sufficient; In terms of demand, DOP manufacturers have increased their production and demand for phthalic anhydride has risen. Both supply and demand have increased, but the increase in supply is expected to be greater than the increase in demand, and it is expected that the market for phthalic anhydride will be weak and volatile in the future.

http://www.lubonchem.com/