Phthalic anhydride prices fluctuated and fell this week
As of April 14, the price of o-phthalic anhydride fluctuated and fell by 2.91% compared with the price of phthalic anhydride on April 7. The equipment of phthalic anhydride manufacturers slowly recovered from operation, and the supply of phthalic anhydride increased; the price of phthalic anhydride by the nylon process rose, and the cost of phthalic anhydride supported the price increase, and the price of phthalic anhydride stopped falling and rose.
Supply side: Supply increases as production resumes
Preliminary maintenance units have been gradually restored, the domestic phthalic anhydride industry’s capacity utilization rate has increased, and the naphthalene-based phthalic anhydride industry’s capacity utilization rate has remained stable; the domestic ortho-based phthalic anhydride industry’s capacity utilization rate has slowly recovered. Overall phthalic anhydride supply has increased.
Demand side: DOP market price stops falling and rises
As of April 21, the price of DOP was 8159.16 yuan/ton, which fluctuated and stabilized compared with the DOP price of 8159.16 yuan/ton on April 14; it fluctuated and increased by 0.20% compared with the DOP price of 8142.50 yuan/ton on April 17. The operation of plasticizer DOP enterprises has stabilized at a low level, and the output of plasticizer DOP has been stable. This week, the number of inquiries for phthalic anhydride orders has increased, the demand for phthalic anhydride has been stable, and the pressure on the price of phthalic anhydride to fall has weakened.
Market forecast
In terms of supply, phthalic anhydride manufacturers have slowly resumed production, and the supply of phthalic anhydride has increased; in terms of demand, the operating load of DOP manufacturers has been temporarily stable at a low level, and the demand for phthalic anhydride has stabilized. In terms of the market outlook, supply increases and demand is weak, and it is expected that the price of phthalic anhydride will fluctuate and stabilize in the future.
Post time: Apr-22-2025