Price trend of phthalic anhydride in China in the first ten days of August
Price trend of phthalic anhydride in China in the first ten days of August
As of August 6, the price of phthalic anhydride was 8,550 yuan/ton, up nearly 900 yuan/ton from early July. At present, the operating rate of phthalic anhydride in China is maintained at about 60%, and the supply of phthalic anhydride is relatively normal. But in the near future, due to the impact of rising crude oil, the price of o-xylene, a raw material in the adjacent process, is expected to increase. At the same time, the long-term loss of the ortho-phthalic anhydride industry has led to increased production cuts, and the spot supply of the domestic ortho-phthalic anhydride industry has become tighter. The low inventory in the market has supported the rapid rise in prices to a certain extent. In July, the supply of naphthalene continued to be tense, and the market was in a situation where it was hard to find a single product. The price of industrial naphthalene increased by as much as 800 yuan/ton within a month, which pushed up the cost of the naphthalene-based phthalic anhydride industry.
SNOWHITE CHEM has the largest phthalic anhydride warehouse in China which is closest to Shanghai Port and Qingdao Port, with a stock of 2,000 tons. We will let you enjoy the lowest price and the best quality products.
If you have any needs, please feel free to contact us: Email:shirley@snowhitechem.com/phone:86-25-56215758