China’s domestic phthalic anhydride market price fluctuation on July 3

On July 2, the phthalic anhydride commodity index was 55.64, unchanged from yesterday, down 53.68% from the cyclical peak of 120.13 points (2012-02-28), and up 14.91% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Sulfamic acid 

Recently, the domestic market price trend of phthalic anhydride has been temporarily stable, the market price of phthalic anhydride in eastern China has rebounded, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions have been blocked, the mainstream of on-site neighbourhood source negotiations is 5600-5800 yuan/ton, and the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton. The quotation ranges from 5600 to 5700 yuan/ton, the market price rises slightly, the quotation of enterprises rises slightly, the downstream construction is not high, the procurement on demand is the main, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is temporarily stable.

sulphamic acid

In recent years, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import market of o-phthalic anhydride in port area is temporarily stable, and the quotation is stable. In recent years, the market of o-phthalic anhydride in port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is low, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend remains low, phthalic anhydride market price rise is limited. Downstream DOP raw material phthalic anhydride price rises, isooctanol price rises, DOP cost rises. DOP price shocks are higher, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks are stable, DOP market mainstream transaction price is around 7250 yuan/ton, DOP downward pressure is weakened, there is a certain upward momentum, the market price of phthalic anhydride is expected to rise slightly later.

Sulfamic acid 99.50%