On January 30, Shijiazhuang Bailong Chemical Co., Ltd. has a phthalic anhydride production capacity of 80,000 tons. The phthalic anhydride unit is operating normally, with low inventory levels, and the product is primarily used for internal consumption. The quoted price for phthalic anhydride is 6,450 yuan per ton, down by 50 yuan per ton. PriceSeek analysis of phthalic anhydride, with a long-short rating of -1, indicates that the quoted price of 6,450 yuan per ton, down by 50 yuan per ton, suggests ample market supply or weak demand, forming a short-term bearish factor. Although low inventory levels and normal unit operation provide some support, the price decline directly reflects spot market pressure, which may dampen market confidence. Considering the current price trend, it is expected that spot prices will face downward pressure in the short term, with the extent of the decline limited by low inventory levels.
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