March 11th News On March 11th, Zhenjiang Liancheng Chemical Industry Co., Ltd., with a phthalic anhydride production capacity of 120,000 tons, reported normal operation of its phthalic anhydride plant. The quoted price for phthalic anhydride was 8,000 yuan per ton, while the actual transaction price declined. Chempricehub Analysis of Phthalic Anhydride Bull-Bear Score: -1 The article indicates that the actual transaction price of phthalic anhydride has declined, despite the quoted price remaining at 8,000 yuan per ton and normal plant operation. This suggests ample supply but weak demand, exerting downward pressure on spot prices. The score is moderately bearish (-1.0), as the price decline signal is clear, though no specific drop magnitude is mentioned. It is expected that the spot market may continue to face pressure in the short term, affecting procurement and inventory strategies.