First, the trend of the market:
According to statistics, the price trend of phthalic anhydride continues to rise. The price at the end of the weekend is 7175 yuan/ton, which is 3.24% higher than the price at the beginning of the week of 6950 yuan/ton, and 5.59% lower than the same period last year. About 7100-7200 yuan/ton of o-phthalic anhydride in Shandong and 7200-7400 yuan/ton of phthalic anhydride in Jiangsu are the mainstream of phthalic anhydride negotiations. The spot supply of the market is tight. The naphthalene phthalic anhydride plant starts normally, and the current quotation is 6800-6900 yuan/ton. Recently, the market price of phthalic anhydride continues to rise.
II. Market analysis:
Products: This week, the domestic market price of phthalic anhydride continues to rise. Recently, due to the shortage of raw materials, the market price of phthalic anhydride has risen sharply. The market opening rate of phthalic anhydride has fallen to 60%. The spot supply of phthalic anhydride is tight. Some manufacturers reflect that there is no stock, there are more orders, and the market is selling well. The price of phthalic anhydride keeps rising. Neighborhood method supply negotiation mainstream is 7100-7300 yuan/ton, naphthalene method supply negotiation mainstream is 6800-6900 yuan/ton; Phthalic anhydride market mainstream quotation in North China is 7100-7200 yuan/ton, market prices continue to rise, the quotations of enterprises in North China are rising, downstream construction is normal, purchasing on demand is dominant, there is still a wait-and-see mentality, domestic phthalic anhydride plant transportation. The market price of phthalic anhydride continues to rise. Recently, the supply of phthalic anhydride on the market is tight, and the price of phthalic anhydride continues to rise.
Upstream: In the near future, the price of domestic phthalic anhydride upstream product Sinopec has risen to 6700 yuan/ton, the import price of phthalic anhydride has risen, the quotation has risen, the recent market of port phthalic anhydride has risen, some enterprises have quoted more than 7500 yuan/ton, the stock of port has declined, and the quotation of phthalic acid has risen concussively. The actual transaction price is subject to negotiati The upstream price trend is good for domestic phthalic anhydride market price, and the market price trend of phthalic anhydride has risen sharply.
Downstream: The price of DOP in the downstream has risen recently. The domestic market price of DOP is 7966.67 yuan/ton by the end of the weekend. Recently, the price of phthalic anhydride for DOP raw materials has risen sharply. The price of isooctanol has been stable and the cost of DOP has risen. DOP price shocks rise, DOP downstream shocks maintain stability, customer purchasing enthusiasm is general, downstream PVC market shocks rise, DOP market mainstream transaction price around 8050-8250 yuan/ton, for upstream phthalic anhydride demand has increased, phthalic anhydride market prices are well supported by higher.
Industry: Recently, the market of plasticizer industry has improved, the demand of downstream terminal has increased, and the price trend of phthalic anhydride market continues to rise.
3. Future market forecast:
At present, the price trend of upstream phthalic anhydride is rising, the terminal demand is increasing, affected by cost support, and the supply of phthalic anhydride on the market is tight. The phthalic anhydride analysts of business association believe that the market price of phthalic anhydride will continue to rise, and the price will be around 7300 yuan/ton.