February 26th News: On February 26th, the phthalic anhydride market in Shandong region showed a strong consolidation trend. The mainstream negotiation price for o-xylene-based phthalic anhydride was between 6,000 and 6,200 RMB per ton, while the mainstream negotiation price for naphthalene-based phthalic anhydride ranged from 5,700 to 6,000 RMB per ton. The price of raw material o-xylene has stabilized, and the price of industrial naphthalene remains strong with consolidation. The cost of phthalic anhydride is stable with a strong trend. Downstream plasticizer market conditions are fluctuating and stabilizing. Phthalic anhydride manufacturers maintain stable equipment operations, with plant operating rates remaining low and steady. The supply in the phthalic anhydride market is tightening, while the operating load of plasticizer enterprises remains temporarily stable. The demand for phthalic anhydride continues to provide support, and the market outlook indicates a strong consolidation trend.