March 17th News
On March 17th, Zhenjiang Liancheng Chemical Industry Co., Ltd. reported a phthalic anhydride (PA) production capacity of 120,000 tons, with its PA plant operating normally. The quoted price for PA was 8,600 yuan per ton, reflecting an increase.
Chempricehub Analysis on Phthalic Anhydride
Bull-Bear Score: 1
The article indicates that the quoted price for PA has risen to 8,600 yuan per ton, with the plant operating normally and production capacity sufficient. This suggests either an increase in market demand or cost-driven factors, providing support for spot prices and benefiting short-term market conditions.
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