According to the monitoring of the business agency, the price of domestic phthalic anhydride rose sharply this week. As of the end of the week, the price of phthalic anhydride by ortho phthalic method was 4475 yuan / ton, up 4.07% from 4300 yuan / ton at the beginning of the week, down 32.71% year on year. Recently, the market price of phthalic anhydride rebounded and increased.

Since 2020, the market price of phthalic anhydride in China has been greatly reduced, but recently supported by the rise of crude oil price, the price of downstream petrochemical products rebounded and increased, and the market price of phthalic anhydride is no exception. In recent years, the market price of phthalic anhydride continues to rise. 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 market of phthalic anhydride manufacturers is better, and the market price of phthalic anhydride bottoms out. By the end of the 10th, the market price of phthalic anhydride in East China had risen slightly, but the high-end transactions in the market were blocked. The main flow of negotiation of neighboring France’s source of goods in East China was 4400-4700 yuan / ton, and that of naphthalene’s source of goods was 4000-4200 yuan / ton. The main flow of quotation in the phthalic anhydride market in North China was 4400-4800 yuan / ton, and the wait-and-see mentality in the phthalic anhydride market was still strong, the trading market in the market was slightly improved, and the price of phthalic anhydride rebounded Rise.

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

From the above trend chart, it can be seen that the upstream o-benzene price has increased slightly. In the near future, the price of CNPC o-benzene has increased by 100 yuan / ton, and the price of o-benzene has declined significantly since March. However, in the near future, affected by the price support of upstream raw crude oil, the import o-benzene market in the port area has warmed up, there are few transactions in the market, and the price of o-benzene has slightly increased, which brings some benefits Good support, phthalic anhydride market price affected higher.

By the end of the week, the average price of domestic DOP market was 5800 yuan / ton. DOP enterprises operated at low load, and DOP manufacturers had a lot of inventory. The price of DOP rose, the equipment of PVC enterprises started to operate at a low level, and the enthusiasm of customers’ procurement recovered. The main quotation of DOP market is about 5700-6000 yuan / ton, and the transaction of market plasticizer is getting warmer. Influenced by the rise of crude oil price, the market price of phthalic anhydride is rising.

On the whole, the short-term interest and support of crude oil price is limited, and the price is mainly volatile. The price of domestic petrochemical products is slightly higher due to this impact. Business analysts believe that the market price of phthalic anhydride will still slightly increase in the short term.