Phthalic anhydride price from 10.1 to 10.8

As of October 8, the quoted price of o-phthalic anhydride was 8,600 yuan/ton, which was 1.29% lower than the price of phthalic anhydride on October 1, which was 8,712.50 yuan/ton. During the Double Festival, crude oil prices fell sharply, the phthalic anhydride market operated cautiously, terminal demand remained lukewarm, downstream procurement enthusiasm was weak, and phthalic anhydride prices fell after the holidays.

o-xylene data analysts believe that crude oil prices fell sharply during the Double Festival, mixed xylene prices fluctuated and fell after the holidays, and ortho-xylene raw material costs dropped; phthalic anhydride prices fluctuated and fell after the holidays, and downstream demand for phthalic anhydride was weak. In terms of the market outlook, the upstream and downstream conditions of the phthalate industry chain have declined, and the demand for phthalate has been weak due to the falling cost of phthalate. It is expected that the price of phthalate will fluctuate and fall in the market outlook.

snowhite chemical is one of the largest suppliers and exporters of phthalic anhydride in China. If you need the latest quotation, please feel free to contact us! Email:shirley@snowhitechem.com