According to the commodity market analysis system of the business community, the market price trend of phthalic anhydride by o-phthalic acid dropped slightly this week. By the end of the weekend, the quotation of phthalic anhydride by o-phthalic acid was 8112.5 yuan/ton, 1.37% lower than the price of 8225 yuan/ton at the beginning of the week, unchanged year-on-year.

Supply side: Stable operation of the device and normal supply of goods

Recently, the operation of domestic phthalic anhydride plants has been stable, and the operating rate of domestic phthalic anhydride plants is around 60%. The supply of goods is normal, and the situation of phthalic anhydride delivery is poor. The market situation of phthalic anhydride has slightly declined.

Cost end: price trend of o-benzene market declines

This week, the price trend of domestic ortho benzene declined. By the end of the week, the price of ortho benzene was 8500 yuan/ton, down 3.41% from the price of 8800 yuan/ton at the beginning of the week. The supply of ortho benzene was normal, the operation of on-site devices was stable, the crude oil price fell sharply during the holiday, the pressure on the decline of ortho xylene cost increased, the demand for ortho xylene was weak, and the price of ortho xylene in the external market fell. The decline of ortho xylene price had a negative impact on the phthalic anhydride market, and the price of phthalic anhydride market fell slightly.

On the demand side: DOP market trend is rising, with on-demand procurement being the main focus

The price trend of downstream DOP market is rising, with a sharp rise of 10.72% this week. At present, the domestic DOP price is 10750 yuan/ton, and domestic DOP enterprises are starting stable. The demand for phthalic anhydride is mainly based on demand, and the mainstream price of DOP is 10700-10900 yuan/ton. The main reason for the sharp rise of DOP price is the sharp rise of the price of raw material isooctanol. On the whole, the demand of plasticizer industry is poor, and the price of phthalic anhydride market has declined slightly due to this.

In the future, the price trend of o-xylene has declined slightly in the short term, but the demand of downstream plasticizer industry has not improved significantly. The supply of phthalic anhydride is normal, and the effect is general. It is expected that the price trend of o-phthalic anhydride market in the later period will be mainly volatile.