December 30th News
On December 30th, Shijiazhuang Bailong Chemical Co., Ltd. has a phthalic anhydride production capacity of 80,000 tons. The phthalic anhydride plant is operating normally, with low inventory levels, and the product is primarily for self-use. The quoted price for phthalic anhydride is 6,000 yuan per ton, representing an increase of 100 yuan per ton.
Chempricehub Analysis of Phthalic Anhydride, Bull-Bear Score: 1
Shijiazhuang Bailong Chemical's phthalic anhydride price has increased by 100 yuan per ton to 6,000 yuan per ton. Low inventory levels, normal plant operation, and self-use as the primary purpose indicate tight supply and stable demand, which is favorable for spot prices. Low inventory reduces the market's available resources, while the focus on self-use suggests downstream demand support. The price increase directly reflects the short-term supply tightness, creating upward pressure on prices.