Demand does not improve, phthalic anhydride price drops

According to the monitoring of the business agency, the domestic market price of phthalic anhydride fell down in August. As of the 7th day, the quoted price of phthalic anhydride was 4957.5 yuan / ton, which was 1.34% lower than that of 5025 yuan / ton on the first day, and 16.45% lower than that of the first day. The market demand did not improve, and the market price of phthalic anhydride fell.

 

Benzalkonium chloride

In the first week of August, the domestic market price of phthalic anhydride declined, and the market of phthalic anhydride was in general. In recent years, the downstream demand was poor, the price of o-benzene fluctuated at a low level, the plasticizer line was weak, and the trend of phthalic anhydride price fell. Domestic phthalic anhydride manufacturers started operation generally, and the operating rate of phthalic anhydride was about 60%. The domestic phthalic anhydride spot supply was sufficient, and the downstream plasticizer industry procurement was not active. The on-site merchants had a strong wait-and-see mood, and the exchange trading market fell. The price of phthalic anhydride market in East China declined, and the high-end transactions were limited. In East China, the mainstream of neighboring France source negotiation was 4900-5100 yuan / ton, while that of naphthalene process was 4700-4800 yuan / ton; the mainstream quotation of phthalic anhydride market in North China was 4900-5000 yuan / ton, and the phthalic anhydride market was still in a wait-and-see attitude, and the market price of phthalic anhydride fell.

 

This week, the domestic o-benzene price remained low, and the on-site price remained at 4400 yuan / T. the low price of domestic o-benzene was a big negative effect on the phthalic anhydride market. In addition, the import market of o-benzene in the port area declined, and the external price of o-benzene declined. The actual transaction price was subject to negotiation. The detailed list was discussed. In addition, the on-site o-benzene merchants had a strong wait-and-see mood, the low price of o-benzene fluctuated, and the raw material of o-benzene was o-benzene Low price is unfavorable to domestic market price of phthalic anhydride.

 

Bacillus thuringiensis

At the beginning of August, the DOP market price in the downstream of phthalic anhydride dropped slightly. According to the monitoring of the business agency, the domestic DOP price was 7000 yuan / ton, which was 0.47% lower than the price of 7033.33 yuan / ton at the beginning of the month. The price of isooctyl alcohol in the field fell down. DOP device operated stably, the spot supply was sufficient, and the DOP market price was lower. The market of plasticizer industry declined. DOP market quotation was 6800-7100 yuan / ton. The transaction volume of plasticizer in the market decreased, and the downstream market was poor. Affected by bad luck, the domestic market price of phthalic anhydride declined slightly.

 

Generally speaking, under the background of severe epidemic situation, it is very difficult for fuel demand to fundamentally improve. Although the United States and Europe have recently introduced economic stimulus policies, most of them are monetary policies. Due to the particularity of the epidemic situation, it is difficult to solve the problem from the perspective of increasing money supply. Recently, the crude oil price has a rising trend, but the domestic plasticizer industry is depressed, and the market price of phthalic anhydride falls.

 

In the future, the domestic o-benzene price trend is mainly volatile, but the transaction price of plasticizer is not good, the price of plasticizer has a downward trend, and the downward pressure of DOP market in the future market still exists. It is expected that the market price of phthalic anhydride in August will decrease slightly.

http://www.lubonchem.com/

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