March 17th News
On March 17th, Tongling Chemical Industry Group's phthalic anhydride production capacity stands at 80,000 tons. The ortho-xylene-based phthalic anhydride unit is operating normally, while the naphthalene-based phthalic anhydride equipment is undergoing shutdown maintenance. Inventory levels are low. The quoted price for ortho-xylene-based phthalic anhydride is 8,500 yuan per ton, reflecting an increase of 100 yuan per ton.

Chempricehub Analysis of Phthalic Anhydride
Bull-Bear Score: 1
The shutdown maintenance of Tongling Chemical Industry Group's naphthalene-based phthalic anhydride equipment has led to a reduction in supply, while low inventory levels have intensified market tightness. The quoted price for ortho-xylene-based phthalic anhydride has risen by 100 yuan per ton to 8,500 yuan per ton. Supply constraints and low inventory are supporting the upward movement of spot prices, exerting a generally positive impact on the phthalic anhydride spot market.