April 27 News – On April 27, Tongling Chemical Industry Group's phthalic anhydride (PA) production capacity stands at 80,000 tons. The ortho-xylene (OX) based PA unit is operating normally, while the naphthalene-based PA unit is shut down for maintenance, with low inventory levels. The ex-factory price for OX-based PA is quoted at 8,900 RMB/ton, representing a decrease of 100 RMB/ton.

Chempricehub’s evaluation of phthalic anhydride: Bull-Bear Score: -1. The article indicates that the OX-based PA unit is operating normally, ensuring stable supply. However, the shutdown and maintenance of the naphthalene-based PA unit have led to a partial reduction in supply, and low inventory levels provide some support. Nevertheless, the OX-based PA ex-factory price dropped by 100 RMB/ton to 8,900 RMB/ton, indicating that the market is facing pressure from weak demand or oversupply, with a clear downward price trend. In summary, bearish factors dominate, exerting a generally bearish impact on spot prices.