April 21st News
On April 21st, Zhenjiang Liancheng Chemical Industry Co., Ltd., with a phthalic anhydride (PA) production capacity of 120,000 tons, reported normal operation of its PA plant. The quoted price for PA was 9,200 yuan per ton, representing a decrease of 100 yuan per ton.

Chempricehub Analysis of Phthalic Anhydride
Bull-Bear Score: -1
The spot price of phthalic anhydride dropped by 100 yuan per ton to 9,200 yuan per ton. With normal plant operation and stable production capacity, the market indicates sufficient supply but potentially weak demand, leading to excess pressure. This situation is directly bearish for the spot price of PA and may result in further short-term price declines. It is advisable to monitor changes in downstream demand.