According to the monitoring of the business association, the price of phthalic anhydride in China has risen sharply. As of April 14, the price of phthalic anhydride from the pyrophthalic process was 4925 yuan / ton, which rose 11.3% in April, down 25.94% year on year. Recently, the market price of phthalic anhydride has risen sharply.

Influenced by the sharp drop of crude oil price, the market price of phthalic anhydride has fallen sharply, and the market price has reached a new low. However, since April, the trend of crude oil price has fluctuated and increased, and some prices of downstream petrochemical products have rebounded and increased. The market price of phthalic anhydride is no exception. Recently, the market price of phthalic anhydride has risen sharply. The operation of domestic phthalic anhydride manufacturers is normal, the operating rate of phthalic anhydride in the site is more than 60%, the spot supply of domestic phthalic anhydride is normal, the procurement of downstream plasticizer industry is better than before, the delivery market of phthalic anhydride manufacturers is better, and the market price of phthalic anhydride is rising. By the end of 14 days, the market price of phthalic anhydride in East China had risen, but the high-end transactions in the market had been blocked. The main flow of negotiation of neighboring France’s source of goods in East China was 4700-5400 yuan / ton, and that of naphthalene’s source of goods was 4300-4600 yuan / ton. The main flow of quotation in the phthalic anhydride market in North China was 4700-5100 yuan / ton, and the wait-and-see mentality of phthalic anhydride in the market was still there, the market was improved, and the price of phthalic anhydride rose sharply.

In terms of the industrial chain, the market prices of phthalic anhydride upstream raw material o-benzene and downstream DOP have increased to varying degrees. The trend chart of monitoring o-benzene and DOP prices by the business agency is as follows:

From the above trend chart, it can be seen that the prices of o-benzene and DOP have increased to different degrees. The price of o-benzene has declined a lot since March, but the price of o-benzene has increased significantly recently. The price of o-benzene in the upstream has increased by 400 yuan / ton to 4200 yuan / ton. The import of o-benzene in the port area is general, there are few transactions in the market, the price of o-benzene has increased significantly, the upstream raw materials are good support, and the market price of phthalic anhydride is large The price has gone up. The price of downstream DOP market has increased significantly, DOP enterprises operate at low load, and DOP manufacturers have more inventory. The price of DOP rose, the equipment of PVC enterprises started to operate at a low level, and the enthusiasm of customers’ procurement picked up. The price of plasticizer is rising too fast. Influenced by the positive support of upstream and downstream, the market price of phthalic anhydride is rising sharply.

On the whole, the short-term interest and support of crude oil price is limited, and the price is mainly fluctuating, but the demand for plasticizer has improved. In addition, the early price is at a new low in history, and the market price of phthalic anhydride has recently bottomed out and rebounded. Analysts from the business community believe that the market price of phthalic anhydride may continue to rise in the short term.