According to the Commodity Market Analysis System of Business Society, the domestic market price trend of ortho phthalic anhydride has increased. As of the weekend, the quotation for ortho phthalic anhydride was 8775 yuan/ton, an increase of 1.15% compared to the initial price of 8675 yuan/ton, and a year-on-year decrease of 8.59%.
| povidone Iodine |
Supply side: Stable operation of the device and normal supply of goods
The operation of domestic phthalic anhydride plants is stable, and the current operating rate of phthalic anhydride in China is over 60%. The supply of phthalic anhydride goods is relatively normal, and recent downstream procurement is still acceptable. The transaction situation of phthalic anhydride is normal, and the market situation of phthalic anhydride has slightly increased.
Cost side: There is still support for the rising costs in the ortho benzene market
This week, the domestic price trend of ortho benzene has increased. As of the 15th, the price of ortho benzene was 9000 yuan/ton, an increase of 2.27% compared to the beginning of the week’s price of 8800 yuan/ton. The supply of ortho benzene is normal, the operation of on-site devices is stable, but port inventory has slightly decreased. In addition, the external market price of ortho benzene has risen, which has affected the price trend of ortho benzene in China. The rising ortho benzene market has brought some cost support to the phthalic anhydride market, and the price trend of phthalic anhydride market has increased.
On the demand side: The DOP market has seen a significant increase
| Melamine |
The price trend in the downstream DOP market is mainly declining, with prices as of the weekend at 11566 yuan/ton, a decrease of 1.77% compared to the price of 11775 yuan/ton at the beginning of the week. Domestic DOP enterprises are maintaining their operations, and domestic DOP supply is normal. However, plasticizer enterprises are losing profits, plasticizer manufacturers are operating at low loads, and the supply of plasticizers is still tight. Downstream demand is weak, and the mainstream price of DOP is between 11500 and 11600 yuan/ton. The poor plasticizer market has suppressed the increase in phthalic anhydride.
Looking at the future market, in the short term, the price trend of ortho xylene has increased, while the downstream plasticizer market has declined. The purchasing enthusiasm of the plasticizer industry is not high, and it is expected that the short-term ortho phthalic anhydride market price will mainly rise due to strong support from raw materials.
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