January 7th News: On January 7th, Changzhou Xinyang's phthalic anhydride (PA) plant, with a capacity of 100,000 tons, is operating at less than 50% utilization. The manufacturer maintains low inventory levels and has raised the PA quotation by 50 RMB/ton to 6,100 RMB/ton. Chempricehub's analysis of PA indicates a bullish-bearish score of 1. The operation rate of Changzhou Xinyang's PA plant being below 50% suggests reduced supply; low inventory levels further exacerbate tight market supply; the price increase of 50 RMB/ton to 6,100 RMB/ton directly reflects market bullish sentiment. These factors collectively drive the upward trend in spot prices for PA, benefiting short-term market conditions. It is advisable to monitor the subsequent recovery of plant operations to guard against potential price pressure alleviation due to improved supply.