March 9th News: On March 9th, Changzhou Xinyang's phthalic anhydride plant, with a capacity of 100,000 tons, is operating at less than 50% utilization. The manufacturer's inventory is low, and phthalic anhydride quotations have been suspended, while actual transaction prices have surged significantly. Chempricehub's analysis of phthalic anhydride indicates a bullish-bearish score of 2. The low operating rate of Changzhou Xinyang's phthalic anhydride plant, combined with low inventory and suspended quotations, along with a sharp rise in actual transaction prices, suggests a severe supply shortage and strong demand, which is highly favorable for the spot price of phthalic anhydride. Reduced supply coupled with insufficient inventory is driving up market expectations, and prices may continue to rise in the short term.