On January 12, Shijiazhuang Bailong Chemical Co., Ltd. has a phthalic anhydride (PA) production capacity of 80,000 tons. The PA unit is operating normally with low inventory, and the output is primarily for self-use. The PA quotation is 6,300 yuan/ton, representing an increase of 200 yuan/ton. PriceSeek analysis of PA: Bullish-Bearish Score: 1.5. The spot price of PA has risen by 200 yuan/ton to 6,300 yuan/ton, with low inventory and normal unit operation, and the output is mainly for self-use, indicating tight supply and strong demand-side support. This may drive spot prices further upward in the short term. A score of 1.5 reflects significant positive factors, stemming from improved fundamentals and clear price increase signals.