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Chempricehub Alert: Insufficient Operation at Changzhou Xinyang Phthalic Anhydride Plant Leads to Price Drop
Published on 2026-02-06
February 6th News: On February 6th, the phthalic anhydride (PA) unit at Changzhou Xinyang has a capacity of 100,000 tons. The operating rate of the manufacturer's PA unit is less than 50%, with low inventory levels. The PA quotation is 6,150 yuan per ton, down by 30 yuan per ton. Chempricehub Analysis of Phthalic Anhydride: Bull-Bear Score: -1 The Changzhou Xinyang PA unit has a capacity of 100,000 tons, with an operating rate below 50% and low inventory levels. However, the quotation has decreased by 30 yuan per ton to 6,150 yuan per ton, indicating that the spot market is facing pressure from weak demand or supply adjustments. The price decline reflects a short-term supply-demand imbalance, which is bearish for spot prices and may be influenced by weakening downstream demand. It is expected that short-term prices will face increased downward pressure.