According to the monitoring of the business community, the price of phthalic anhydride in the domestic market fell sharply in March. As of the 26th, the quotation of phthalic anhydride was 6075 yuan / ton, down 23.34% compared with 7925 yuan / ton at the beginning of the month, up 31.35% year on year. Recently, the price trend of phthalic anhydride continued to fall, the spot supply was normal, and the market of phthalic anhydride continued to fall.

In recent years, the market price of phthalic anhydride has fallen sharply, the market delivery of phthalic anhydride is general, the downstream demand has decreased in the near future, the price trend of o-benzene has dropped sharply, the plasticizer market has declined, and the negative factors have led to the market price of phthalic anhydride falling continuously. Domestic phthalic anhydride manufacturers started at a low level, and the operating rate of phthalic anhydride on the site was about 60%. The domestic phthalic anhydride spot supply was sufficient, and the price of phthalic anhydride on the site was lower. The downstream plasticizer industry market declined, and the actual transaction situation was general. The price trend of phthalic anhydride market in East China is declining, with limited high-end transactions in the market. The mainstream of neighboring France source negotiation in East China is 6000-6200 yuan / ton, and naphthalene method source negotiation is 5900-6000 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 6000-6200 yuan / ton. The market outlook of phthalic anhydride is still in the market, and the downstream procurement is poor. The recent downward trend of DOP market in the downstream is affected Prices have fallen sharply.

Since March, the price trend of domestic o-benzene has dropped sharply, and the market price has dropped to 5700 yuan / ton, with a decrease of 12.31%. The decline of domestic o-benzene price is a big bad news for phthalic anhydride market. In addition, the market of imported o-benzene in port area has declined, the external quotation of o-benzene has declined, and the import of o-benzene in port area has increased. Recently, the inventory of o-benzene in port has increased, and the external quotation of o-benzene has dropped sharply The international transaction price is subject to negotiation. The price trend of o-benzene is declining. The price of raw material o-benzene is lower, which is bad for the domestic market price of phthalic anhydride. Recently, the market price of phthalic anhydride has dropped sharply.

The market price of the downstream DOP of phthalic anhydride dropped sharply. According to the monitoring of the business community, the domestic DOP price was 12025 yuan / ton by the 26th, and the price dropped by 12.86% in March. The low starting point of the equipment of DOP enterprises in the yard was temporarily stable. With the sharp drop of the price of isooctanol, the cost of DOP decreased, the gap of DOP decline increased, and the DOP price plummeted. With the increase of the operating rate of DOP enterprises, the pressure of supply and demand is alleviated, the demand support is weakened, the rising power of DOP in the future is weakened, and the downward pressure is increased. In the future, the cost of DOP decreased, the operating rate of enterprises increased, the support of DOP rise weakened, and the high price caused the cost pressure of downstream products. The downstream customers were more resistant to high price DOP. The overall DOP price was about 12000-12400 yuan / ton, the domestic demand for phthalic anhydride did not improve, and the market price of phthalic anhydride dropped significantly.

On the whole, the recent trend of crude oil price has fallen sharply. In addition, the downward pressure of downstream plasticizer industry has increased, the DOP price has been declining, and the price of o-benzene has a downward trend. It is expected that the market price of phthalic anhydride will decline slightly in the future.