On May 8, Panjin Ruide Chemical Co., Ltd.'s phthalic anhydride plant has a capacity of 100,000 tons/year, operating at a low utilization rate with limited inventory. The ortho-xylene-based phthalic anhydride offer price is 8,910 RMB/ton, with details negotiable on firm orders. According to Chempricehub’s analysis, the bull/bear score for phthalic anhydride is 1. The low operating rate of Panjin Ruide's 100,000-ton phthalic anhydride plant, combined with limited inventory, provides strong support for spot prices. At present, the offer price for ortho-xylene-based phthalic anhydride stands at 8,910 RMB/ton, and spot prices are expected to maintain a relatively firm trend in the short term.
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