Phthalene Market Rise Positively (September 2022)

Time: Sep 29, 2022

As an important raw material of phthalic anhydride, the market price trend of phthalic anhydride has attracted much attention. Today, Huafu Chemicals will share the latest phthalate market information for you.

Review of the phthalate market: The phthalate market rose positively in September.

Up to now, the market price of phthalate in East China is 9,500 yuan/ton (1,319 US dollars/ton), which is 900 yuan/ton higher than the closing price at the end of last month, an increase of 10.47%.

 Chemical raw material Phthalic Anhydride

Phthalate market forecast: With the completion of maintenance of some factories and the increase in imported supplies, the supply shortage of phthalate is expected to ease, and the shortage of phthalate will improve.

In September, the domestic phthalic anhydride market continued to rise, and the growth rate expanded.

1.    The shortage of raw material phthalic anhydride has intensified. The downstream phthalic anhydride is subject to the raw material end, and the operating load rate has dropped again.

2.    In addition, the downstream staged replenishment action still exists, and the overall supply shortage situation continues, which still supports the price to rise sharply.

3.    After the amount of the price rise, the downstream resistance intensified, it was difficult to increase the volume of real orders, and the market entered a stage of high stalemate.

 raw material Phthalic Anhydride

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