According to the Commodity Market Analysis System of the Business Society, the market price of ortho phthalic anhydride has slightly increased this week. As of the weekend, the quotation for ortho phthalic anhydride was 7750 yuan/ton, an increase of 1.64% compared to the price of 7625 yuan/ton at the beginning of the week, and a year-on-year decrease of 6.63%.

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 supply of goods has been normal. The recent rise in the price trend of industrial naphthalene has led to an increase in the price of naphthalene phthalic anhydride, which has affected the domestic market for neighboring phthalic anhydride.

Cost side: The price trend of ortho benzene market is temporarily stable

This week, the price trend of domestic ortho benzene was temporarily stable. By the end of the week, the price of ortho benzene was 8100 yuan/ton, unchanged from the price of 8100 yuan/ton at the beginning of the week. The supply of ortho benzene was normal, the operation of on-site devices was stable, the price of crude oil rose this week, the cost of O-Xylene was significantly supported, the price of ortho benzene in the external market changed little, and the price trend of ortho benzene market was stable. The phthalic anhydride market rose slightly affected by this.

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

The price trend of downstream DOP market has increased, with an increase of 1.10% this week. Currently, the domestic DOP price is 9875 yuan/ton, and domestic DOP enterprises are operating steadily. Demand based procurement is the main demand for phthalic anhydride, with the mainstream price of DOP ranging from 9900 to 9900 yuan/ton. The upward trend of DOP price is favorable for the phthalic anhydride market. Overall, the demand for plasticizers in the industry is relatively stable, and the market price of phthalic anhydride has slightly increased due to this impact.

In the future, the price trend of O-Xylene is mainly stable in the short term, but the downstream plasticizer industry is rising slightly. In addition, the price of naphthalene phthalic anhydride is rising, and the export of phthalic anhydride has increased. It is expected that the price of phthalic anhydride in the future will rise slightly.