April 23 News — On April 23, Shijiazhuang Bailong Chemical Co., Ltd. reported a phthalic anhydride production capacity of 80,000 tons, with its phthalic anhydride unit operating normally. Inventory is limited and primarily for internal use. The company’s phthalic anhydride quotation stands at 9,000 RMB/ton, representing a decrease of 100 RMB/ton.

According to Chempricehub's assessment of phthalic anhydride, the bull-bear score is -1. The spot quotation for phthalic anhydride has dropped by 100 RMB/ton to 9,000 RMB/ton, a decline of approximately 1.11%. Although Shijiazhuang Bailong Chemical's unit is operating normally with an 80,000-ton capacity, limited inventory and self-consumption priority indicate some supply-side tightness. However, the price decline reflects weak market demand or intensified competition, which may further pressure spot prices. This scenario exerts a generally bearish influence on phthalic anhydride spot markets, and investors are advised to monitor subsequent supply-demand dynamics.