SNOWHITE CHEMICAL Phthalic Anhydride May Price
The China o-phthalic anhydride market price rose slightly in May. As of the end of the month, the o-phthalic anhydride price was 8,275 yuan/ton, up 1.69% from the price of 8,137.5 yuan/ton at the beginning of the month, and up 27.31% year-on-year. The phthalic anhydride market price rose slightly in May, and the phthalic anhydride market sales were normal.
Since May, the phthalic anhydride market has been stagnant, the sales of phthalic anhydride in the market have been general, the price of upstream raw material o-phthalate has risen slightly, and the market of plasticizers has not changed much. Favorable factors have affected the phthalic anhydride market, and the phthalic anhydride market price trend has risen slightly. The domestic phthalic anhydride manufacturers have not changed much in the start-up, the phthalic anhydride start-up rate in the market is less than 60%, the domestic phthalic anhydride spot supply is normal, and the upstream o-phthalate price trend has risen. Affected by this, the phthalic anhydride market has risen. The price of phthalic anhydride in East China has risen, and high-end transactions in the market are limited. The mainstream negotiation price of orthophthalic anhydride in East China is 8200-8300 yuan/ton, and the mainstream negotiation price of naphthalene-based source is 8000-8100 yuan/ton; the mainstream quotation of phthalic anhydride in North China is 8200-8300 yuan/ton. The wait-and-see mentality of phthalic anhydride in the market still exists, and the downstream mainly purchases on demand. The cost support in the market has affected the price trend of phthalic anhydride market to rise slightly.
In May, the domestic price trend of orthophthalic anhydride rose, and the market price was 8600 yuan/ton, which was 4.88% higher than the price of 8200 yuan/ton at the beginning of the month. The rise in domestic orthophthalic anhydride prices is a positive support for the phthalic anhydride market. In May, the market trend of imported orthophthalic anhydride in the port area rose, and the price of orthophthalic anhydride in the foreign market rose slightly. The recent orthophthalic anhydride inventory in the port area is general, and the price of orthophthalic anhydride in the foreign market has mainly risen. The actual transaction price is subject to negotiation. The actual order is discussed in detail. The price trend of orthophthalic anhydride is rising. The price of raw material orthophthalic anhydride is beneficial to the domestic phthalic anhydride market price, and the price trend of phthalic anhydride market is rising.
SNOWHITE is one of the largest distributors of phthalic anhydride in China. We have warehouses in Qingdao and Dalian Port. Looking forward to your enquiry any time.
Email:shirley@snowhitechem.com
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