April 27 News – On April 27, Shijiazhuang Bailong Chemical Co., Ltd. operates a phthalic anhydride (PA) production capacity of 80,000 tons. The PA plant is operating normally, with limited inventory and production primarily for captive use. The ex-factory price of phthalic anhydride is quoted at 8,900 RMB/ton, down by 100 RMB/ton.

Chempricehub comments on phthalic anhydride: Bull-Bear Score: -1. The spot price drop of 100 RMB/ton indicates ample market supply or weak demand. The plant operating normally, combined with limited inventory and captive-use orientation, further reflects insufficient downstream demand, increasing downward pressure on spot prices—this constitutes a moderately bearish impact.