March 11th News On March 11, Tongling Chemical Industry Group has a phthalic anhydride capacity of 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 7,800 yuan/ton, a decrease of 3,200 yuan/ton. Actual transaction prices have also declined. Chempricehub Analysis of Phthalic Anhydride Bull-Bear Score: -1.5 The article indicates that Tongling Chemical Industry Group's quoted price for ortho-xylene-based phthalic anhydride has dropped by 3,200 yuan/ton to 7,800 yuan/ton, with actual transaction prices declining simultaneously. This reflects ample market supply or weak demand, constituting a significant bearish factor. Although the shutdown maintenance of naphthalene-based phthalic anhydride equipment may reduce some supply, and low inventory levels provide slight support, the sharp price decline dominates market sentiment, exerting strong downward pressure on the spot price of phthalic anhydride.