
Last week, the domestic maleic anhydride market faced downward pressure while hovering at high levels. Bearish external factors drove a sharp decline in both crude oil and chemical product prices, leading to more cautious trading activity. Mid-week, a drop in the price of the feedstock n-butane fueled bearish sentiment...
Currently, cost support from the upstream aromatics supply chain is weakening. Furthermore, with expectations for an increase in capacity utilization rates within the domestic naphthalene-based phthalic anhydride industry, the tight supply-demand balance is easing, placing downward pressure on the market. Consequently,...
Yesterday, the domestic DBP market experienced weak consolidation, with a strong wait-and-see sentiment prevailing. It is reported that the markets for raw materials—n-butanol and phthalic anhydride—have continued to decline, accelerating the drop in DBP production costs and weakening the support for its price. Downstr...
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