March 25th News: On March 25th, 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 9,150 yuan/ton, an increase of 50 yuan/ton. Chempricehub's analysis of phthalic anhydride shows a long-short score of 1.5. Changzhou Xinyang's phthalic anhydride plant operating at less than 50% utilization and low inventory indicate a significant contraction in supply. Meanwhile, the price increase of 50 yuan/ton to 9,150 yuan/ton directly reflects tight market supply driving up spot prices. Reduced supply combined with low inventory may continue to support price increases in the short term, constituting a strong positive influence.
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