March 24th News
On March 24th, Shijiazhuang Bailong Chemical Co., Ltd. has a phthalic anhydride production capacity of 80,000 tons. The phthalic anhydride plant is operating normally, with limited inventory, primarily for self-use. The quoted price for phthalic anhydride is 9,200 yuan per ton, representing an increase of 500 yuan per ton.

Chempricehub Analysis of Phthalic Anhydride
Bull-Bear Score: 2
The spot price of phthalic anhydride has increased by 500 yuan per ton to 9,200 yuan per ton, a significant rise (approximately 5.75%), indicating tight market supply (limited inventory, normal plant operation but primarily for self-use), while demand may remain strong. This will directly drive up spot prices, strengthen market bullish expectations, and benefit the spot market.