ChemPriceHub Alert: Changzhou Xinyang Phthalic Anhydride (PA) price drops by 50 yuan due to insufficient production capacity.

On January 30, the Changzhou Xinyang phthalic anhydride plant, with a capacity of 100,000 tons, operated at less than 50% utilization. The manufacturer's inventory remained low, and the phthalic anhydride price was quoted at 6,230 yuan/ton, down by 50 yuan/ton. PriceSeek's analysis of phthalic anhydride indicates a bearish score of -1. The spot price of phthalic anhydride fell by 50 yuan/ton to 6,230 yuan/ton, reflecting a bearish pressure in market supply and demand. Although the low utilization rate of less than 50% and low inventory theoretically support prices, the actual price decline suggests weak demand or oversupply, indicating significant short-term downward pressure on spot prices.