February 27th News On February 27th, Tongling Chemical Industry Group’s phthalic anhydride production capacity stands at 80,000 tons. The ortho-xylene-based phthalic anhydride unit is operating normally, while the naphthalene-based phthalic anhydride equipment is undergoing shutdown maintenance. Inventory levels are low. The quoted price for ortho-xylene-based phthalic anhydride is 6,100 yuan per ton, showing a decline. Chempricehub Analysis of Phthalic Anhydride Bull-Bear Score: -1 The article indicates that Tongling Chemical Industry Group’s quoted price for ortho-xylene-based phthalic anhydride is 6,100 yuan per ton, with a clear downward trend, suggesting ample supply or weak demand in the spot market. Although the shutdown maintenance of the naphthalene-based phthalic anhydride equipment may slightly reduce supply, the normal operation of the ortho-xylene-based unit maintains production output. Additionally, low inventory levels have failed to effectively support prices, reflecting bearish sentiment in the market. Therefore, this generally exerts downward pressure on the spot price of phthalic anhydride, and it is expected that prices may face further pressure in the short term.