April 13th News
On April 13th, Zhenjiang Liancheng Chemical Industry Co., Ltd., with a phthalic anhydride production capacity of 120,000 tons, reported normal operation of its phthalic anhydride plant. The quoted price for phthalic anhydride is 9,200 yuan per ton, representing a decrease of 300 yuan per ton.
Chempricehub Analysis of Phthalic Anhydride
Bull-Bear Score: -1
The spot price of phthalic anhydride has dropped by 300 yuan per ton to 9,200 yuan per ton. Normal plant operation indicates sufficient supply, suggesting that the market may face weak demand or oversupply pressure, exerting a generally bearish impact on spot prices.
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