According to statistics, domestic phthalic anhydride prices fell slightly since its increasing from the beginning of April. As of April 21, the price of OX-base phthalic anhydride was around 5100 yuan / ton. Recently, the domestic phthalic anhydride prices have soared and then fell, the demand of the plasticizer industry is normal, but the market of PA has declined slightly.
Recently, the domestic phthalic anhydride market price has dropped slightly, since the market demand for phthalic anhydride is not good. Domestic phthalic anhydride manufacturers are operating normally, with an operating rate of more than 60%. The supply of phthalic anhydride is normal, but the downstream plasticizer industry purchases are general, which caused the market for PA manufacturers poor. As of the 21st, the market price of phthalic anhydride in East China was low, but the high-end transactions were blocked. The mainstream of negotiating prices for OX base PA in East China was 4,900-5300 yuan / ton, and the mainstream of naphthalene PA was 4,500-4800 yuan / ton. The mainstream quotation in North China was 4900-5300 yuan / ton. The wait-and-see attitude is still remains for buyers and the trade market is generally fair, which caused the price of phthalic anhydride decreased slightly.
On the other hand, the upstream product of phthalic anhydride, o-benzene is also floating at low level. The imports of phthalate have stabilized and the price has been temporarily stabilized. The external price of o-benzene has been temporarily stable and fell slightly.