January 28th News: On January 28th, Changzhou Xinyang's phthalic anhydride plant, with a capacity of 100,000 tons, operated at less than 50% utilization. The manufacturer reported low inventory levels and quoted a price of 6,330 yuan per ton for phthalic anhydride, reflecting a decrease of 20 yuan per ton. Chempricehub's analysis of phthalic anhydride indicates a bearish score of -1. Despite the reduced supply due to Changzhou Xinyang's plant operating at less than 50% capacity and low inventory levels, which should typically support prices, the quoted price dropped by 20 yuan per ton to 6,330 yuan per ton. This suggests weak demand or prevailing bearish market sentiment, putting pressure on spot prices. Considering both supply and demand factors, the overall assessment indicates a generally bearish impact.