The market for phthalic anhydride is dull

Affected by the weaker downstream DOP, the domestic phthalic anhydride market has greater resistance. At present, due to the low inventory of domestic factories, the mainstream offer is stable, the market has a wait-and-see atmosphere, and there are few buyers and inquiries, and the majority of stocks are digested in the near future. The atmosphere of market negotiations is dull.

On August 23, the phthalic anhydride market in North China and Shandong provinces remained stable. The mainstream price was near 8,300 yuan (t price, the same below). The downstream demand was low. The market lacked buying momentum and the transactions were dull. The mainstream offer in the East China market stabilized at 8200. ~8,300 yuan, wait and see in the market atmosphere, and there are few buyers and inquiries; the market price of phthalic anhydride in South China is maintained at 8300 to 8400 yuan. The upstream o-xylene market is running normally, the downstream DOP market is weak, the terminal demand is limited, and the market is not buying enough. The focus of discussion gradually shifted downwards.