According to the monitoring of the business community, the market price of phthalic anhydride in China continued to fall in March. As of the 11th, the quotation of phthalic anhydride was 7000 yuan / ton. At the beginning of the month, the price was 7925 yuan / ton, down 11.67%, up 26.98% year on year. Recently, the price trend of phthalic anhydride continued to fall, the spot supply was normal, and the market price of phthalic anhydride declined.

In recent years, the market price of phthalic anhydride has been declining. The market price of phthalic anhydride is generally in good condition. The downstream demand has been reduced in the near future. The price trend of o-benzene has come down. The plasticizer market has declined. The negative factors have led to the market price of phthalic anhydride falling. 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 6900-7100 yuan / ton, and naphthalene method source negotiation is 6800-6900 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 6800-7000 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement is poor. The market trend of downstream DOP in March is general, which does not give any guidance to the phthalic anhydride market To support good, affected phthalic anhydride market prices continued to decline.

In recent years, the domestic price of o-benzene has dropped sharply, and the market price has dropped to 6200 yuan / ton. The domestic price of o-benzene has fallen, which is a big negative effect on the phthalic anhydride market. In addition, the import price of o-benzene in the port area has dropped, and the import price of o-benzene in the port area has increased. In recent years, the inventory of o-benzene in the port has increased, and the external quotation of o-benzene has been adjusted, and the actual transaction price has increased The price trend of o-benzene declined, the price of raw material o-benzene fell, which was bad for the domestic market price of phthalic anhydride, and the market price of phthalic anhydride fell sharply in March.

In March, the market price of the downstream DOP of phthalic anhydride declined slightly. According to the monitoring of the business community, the domestic DOP price was 13675 yuan / ton as of the 11th, and the price fell by 0.91% in March. The low start-up of the equipment of the DOP enterprises on the site was temporarily stable, the price of PVC was weak, and the demand of the downstream customers was mainly just demand, while the demand of the downstream tourists was general. The price of plasticizers is based on the real-time price. The overall DOP price is about 13600-14000 yuan / ton. The domestic demand for phthalic anhydride is not improved, and the market price of phthalic anhydride is lower.

Generally speaking, the crude oil price trend is strong in the near future, but the downward pressure of downstream plasticizer industry is increasing, the DOP price is slightly lower, and the price of o-benzene has a downward trend. It is expected that the market price of phthalic anhydride will continue to decline slightly in the later period.