March 3rd News On March 3rd, Zhenjiang Liancheng Chemical Industry Co., Ltd., with a phthalic anhydride production capacity of 120,000 tons, reported normal operation of its phthalic anhydride plant. The quoted price for phthalic anhydride was 6,550 yuan/ton, an increase of 150 yuan/ton. Chempricehub Analysis of Phthalic Anhydride Bull-Bear Score: 1.5 The price of phthalic anhydride has risen by 150 yuan/ton to 6,550 yuan/ton, indicating tight supply in the spot market or increased demand, which is favorable for prices. Despite normal plant operation, the significant price increase may reflect rising raw material benzene costs or strong demand from the downstream plasticizer industry. Combined with the recent widespread increase in benzene futures prices (e.g., the settlement price of the 2604 contract rose by 210 yuan to 6,333 yuan/ton), cost support has strengthened. It is expected that the spot price of phthalic anhydride may continue its upward trend in the short term.