January 7th News: On January 7th, Panjin Ruide Chemical Co., Ltd.'s phthalic anhydride plant has a capacity of 100,000 tons. The ortho-xylene-based phthalic anhydride equipment is shut down, while the naphthalene-based phthalic anhydride equipment is operating normally. Inventory is limited. Naphthalene-based phthalic anhydride is temporarily not quoted, while ortho-xylene-based phthalic anhydride is quoted at 5,860 yuan per ton, showing an increase in price. Chempricehub analysis of phthalic anhydride, with a bullish-bearish score of 1.5: The shutdown of ortho-xylene-based phthalic anhydride equipment has led to reduced supply, with limited inventory. Additionally, the price of ortho-xylene-based phthalic anhydride has risen to 5,860 yuan per ton, indicating tight market supply, which is favorable for the spot price of phthalic anhydride. Although naphthalene-based phthalic anhydride equipment is operating normally, it is temporarily not quoted, further reflecting overall supply pressure. It is expected that the spot price will continue its upward trend.
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