March 27th News: On March 27th, Panjin Ruide Chemical Co., Ltd.'s phthalic anhydride (PA) plant has a capacity of 100,000 tons. The PA equipment is operating at a low rate, with limited inventory. The ortho-xylene-based PA is quoted at 9,000 yuan/ton, and actual orders are subject to negotiation. Chempricehub analysis of PA: Bullish-Bearish Score: 1.5. Panjin Ruide Chemical's PA equipment is operating at a low rate and inventory is limited, leading to a significant contraction in supply, which may increase upward pressure on spot prices. The ortho-xylene-based PA is quoted at 9,000 yuan/ton, reflecting tight market supply conditions, which is overall favorable for PA prices.
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