March 20th News: On March 20th, Changzhou Xinyang's phthalic anhydride plant, with a capacity of 100,000 tons, is operating at less than 50% utilization. The manufacturer's inventory is low, and the phthalic anhydride price is quoted at 8,800 yuan/ton, an increase of 50 yuan/ton. Chempricehub's analysis of phthalic anhydride gives a long-short score of 1.5. The article indicates that Changzhou Xinyang's phthalic anhydride plant is operating at less than 50% utilization with low inventory, suggesting a significant tightening in the supply side. The price increase of 50 yuan/ton to 8,800 yuan/ton directly reflects tight supply-demand conditions in the spot market. Reduced supply combined with low inventory will exacerbate the pressure of spot shortages. It is expected that the spot price of phthalic anhydride will maintain an upward trend in the short term, which is favorable for the spot market.