Continued decline of domestic PA market this week, the transaction center to low down. The demand side is weak, one is the face of weak end demand, on the other hand, the haze is under the influence of strengthening the supervision of environmental protection, leading to the North plasticizer manufacturers cut phenomenon is obvious, and the part of maintenance, therefore the method of shrinking demand o phthalic anhydride. There are few inquiries and phthalic anhydride manufacturers procurement. Apart from the needs of vulnerable, downstream of the DOP factory is also facing cost pressures, conflict is not reduced, and traders expected negative, it is rare in the market. Although the phthalate terminal center of gravity, but still lead to neighbor profit therefore, manufacturers of phthalic anhydride, phthalic anhydride P.A. manufacturers long-term go in a poor state of goods, the cost of expensive raw materials caused by high pressure, obvious resentment of phthalic anhydride.

The industrial chain: domestic oxylene market price trend this week rose slightly, PetroChina Jilin petrochemical factory price of 7450 yuan / ton, Sinopec oxylene price of 7700 yuan / ton, dragon aromatics no products for export, operation of Yangzi Petrochemical benzene device, Jinling Petrochemical device running smoothly, the recent operating rate of 5 phthalate%, the benzene supply is normal, the turnover in general, the crude oil prices rising, the market price slightly higher phthalate. The phthalate supply is normal, businesses cautious wait and see, the actual turnover in general, East China market oxylene port stocks less than 20 thousand tons, due to the recent downstream plasticizer prices fell in East China to discuss the market mainstream phthalate 7900-8000 yuan / ton, to offer DOP Products Co.; the main downstream of the shock upstream, clinch a deal in general, not good phthalic anhydride market.

Industry: Although the downstream manufacturers operating rate has been reduced, not part of the mainstream manufacturers all drive device, although the raw material procurement of phthalic anhydride has improved slightly, the overall trading turnover compared to light. The recent plasticizer industry to better market, see subsequent price trend.

In summary: this week, the domestic phthalic anhydride market continued to decline, the atmosphere remained in the doldrums. The terminal demand is weak, the downstream DOP decline risk and production is flourishing, but, in phthalic anhydride market cares little, a few manufacturers of phthalic anhydride is single, on the other hand, manufacturers profit situation obviously, mentality pressure increased. Market outlook, demand outlook is subject to change, facing the high resistance shipping situation, the market price phenomenon will continue to increase, is expected to still decline in space, and the overall operating capacity remained low.