Chempricehub, November 10 – The phthalic anhydride (PA) market in Shandong Province trended downward on November 10. Mainstream negotiated prices for ortho-phthalic anhydride produced via the o-xylene process ranged from RMB 10,100 to 10,200 per metric ton, while quotations for naphthalene-process PA stood at RMB 9,400 to 9,500 per metric ton. Crude oil prices fluctuated and declined, weakening cost support. Raw material o-xylene prices fell, and industrial naphthalene prices remained weak with limited movement, leading to a decrease in PA production costs. Downstream plasticizer markets experienced volatile declines. Operating rates of PA manufacturers stabilized, ensuring steady market supply. However, operating loads among plasticizer producers decreased slightly, reducing essential demand support for PA and driving overall market prices lower.
Comments
0