December 25th News On December 25th, Changzhou Xinyang's phthalic anhydride plant, with a capacity of 100,000 tons, is operating at less than 50% utilization. The manufacturer maintains low inventory levels and has quoted phthalic anhydride at 5,500 RMB/ton, representing an increase of 150 RMB/ton. Chempricehub Analysis of Phthalic Anhydride Bull-Bear Score: 1.5 The operation rate of Changzhou Xinyang's phthalic anhydride plant being below 50% indicates a significant reduction in supply. Low inventory levels further exacerbate the tightness in market supply. The price increase of 150 RMB/ton to 5,500 RMB/ton reflects a tight supply-demand balance in the spot market. These factors collectively support upward price movement, benefiting the spot market for phthalic anhydride. It is expected that prices may continue to strengthen in the short term.