The raw material side fell, and the phthalic anhydride market fell again in early September

The phthalic anhydride market fell again in September

 

According to the Commodity Market Analysis System of Shengyi Society, as of September 6th, the price of phthalic anhydride produced by phthalic anhydride was 7462.50 yuan/ton, a decrease of 1.65% from the price of 7587.50 yuan/ton on September 1st. In September, the price of ortho xylene dropped by 200 yuan/ton, and the cost of phthalic anhydride decreased, causing a further decline in the phthalic anhydride market. In September, domestic ortho phthalic anhydride was priced at 7300-7500 yuan/ton before leaving the factory, while domestic nano phthalic anhydride was priced at 7100-7300 yuan/ton before leaving the factory.

 

Supply side: Stable supply of goods

 

The operation of domestic phthalic anhydride plants is temporarily stable, the domestic phthalic anhydride operating rate is stable, the spot supply of phthalic anhydride is sufficient, the sales situation of phthalic anhydride manufacturers is average, the price of industrial naphthalene is strongly supported, the naphthalene phthalic anhydride market has slightly decreased, the ortho benzene market has fallen, the cost has decreased, and the ortho benzene phthalic anhydride market has fallen.

 

The cost of raw material ortho benzene has further decreased

 

According to the Commodity Market Analysis System of Shengyi Society, as of September 6th, the price of ortho benzene was 7700 yuan/ton, a decrease of 200 yuan/ton or 2.53% from the end of August when the price was 7900 yuan/ton; The price of ortho benzene decreased by 9.41% from 8500 yuan/ton in early August. Since August, the price of ortho phthalic anhydride has continued to decline, and the cost of ortho phthalic anhydride has decreased. There is significant downward pressure on ortho phthalic anhydride. Industrial naphthalene manufacturers are reducing their burden, supply is tight, industrial naphthalene prices are stabilizing strongly, and there is still a willingness for the rise of naphthalene phthalic anhydride.

 

Weak demand side: DOP market trend falls again

 

According to the Commodity Market Analysis System of Shengyi Society, as of September 6th, the price of plasticizer DOP was 8501.25 yuan/ton, a decrease of 2.58% from the DOP price of 8726.25 yuan/ton on September 1st at the beginning of the month. Jinjiu’s condition is poor, terminal demand is lower than expected, downstream customers have poor enthusiasm for placing orders, plasticizer transactions are light, and plasticizer DOP prices have fallen. The demand for phthalic anhydride is weak.

 

Future forecast

 

According to the data analyst of Shengyi Society’s phthalic anhydride products, in terms of cost, the price of ortho xylene has fallen, and the cost of phthalic anhydride has decreased; In terms of demand, the downstream DOP market has fallen again, and the demand for phthalic anhydride is weak. It is expected that the neighboring phthalic anhydride market will weakly decline in the future.

http://www.thiourea.net