March 5th News: On March 5th, the phthalic anhydride (PA) plant of Changzhou Xinyang, with a capacity of 100,000 tons, is operating at less than 50% utilization. The manufacturer's PA inventory is low, and the quoted price for PA is 6,950 RMB/ton, representing an increase of 200 RMB/ton. Chempricehub analysis of PA, with a bullish-bearish score of 2: The article reports that the operating rate of Changzhou Xinyang's PA plant is below 50%, and inventory levels are low, leading to a price increase of 200 RMB/ton to 6,950 RMB/ton. This indicates severe supply-side tightness, where low capacity utilization and insufficient inventory are likely to drive up spot prices, presenting a significant positive factor for the market. It is expected that spot prices may continue to rise in the short term.