phthalic anhydride factory price this week

As of May 9, the price of o-xylene was 8,300 yuan/ton, which was temporarily stable compared with the o-xylene price of 8,300 yuan/ton on May 1. The support of the industrial chain is limited, and the o-xylene market has remained stable this week.

The price of mixed xylene fell weakly, and the cost support of o-xylene this week was limited; the price of phthalic anhydride fell slightly, and the demand support of o-xylene was insufficient, and the cost and demand support were limited. The price of o-xylene was temporarily stable this week.

As of May 9, the price of mixed xylene was 7,600 yuan/ton, which was 1.04% lower than the mixed xylene price of 7,680 yuan/ton on May 1. Crude oil prices have fallen from high levels, and the cost of mixed xylene has dropped; downstream companies have increased maintenance, and the demand for mixed xylene has weakened. In the second quarter, some mixed xylene equipment has maintenance plans, and the supply of mixed xylene is expected to decline. Both supply and demand have dropped, and mixed xylene has experienced greater downward pressure and insufficient support for its upward trend.

As of May 9, the quoted price of phthalic anhydride was 7700/ton, which was a decrease of 0.26% from the price of phthalic anhydride of 7720 ton on May 1. Phthalic anhydride fell slightly in May, continuing the decline in late April. Cost support is insufficient, and the price of phthalic anhydride has stabilized; demand is poor, and the price of phthalic anhydride has stabilized weakly. The price of nephetamine phthalic anhydride has fallen from a high level, and the support for the rise of o-phthalic anhydride has weakened.

Considering the cost aspect, the price of mixed xylene fell slightly, and the downward pressure on the cost of o-xylene still exists; in terms of supply and demand, the supply of o-xylene is tight and the demand is weak, and there is insufficient support for the rise of o-xylene. Generally speaking, the supply and demand support due to falling costs is insufficient, and downward pressure on the market outlook for phthalates will still exist.

SNOWHITE is one of the largest companies supplying phthalic anhydride in China. We have OX based and Naph based phthalic anhydride. Please feel free to contact us if you need it.

Email:shirley@snowhitechem.com

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