Phthalic Anhydride Price Index: Market Analysis, Trend, News, Graph and Demand
The global phthalic anhydride market has experienced significant fluctuations in recent years, influenced by various economic, industrial, and geopolitical factors. As a crucial chemical intermediate, phthalic anhydride is widely used in the production of plasticizers, alkyd resins, unsaturated polyester resins, and dyes, making its price a key indicator in multiple industrial value chains. Demand and supply dynamics, raw material availability, and regional production trends all play vital roles in determining the phthalic anhydride price across different markets. One of the major factors impacting the price of phthalic anhydride is the cost and availability of its primary raw material, orthoxylene. Orthoxylene is a petroleum-derived compound, and its market is closely tied to fluctuations in crude oil prices. Any increase in crude oil costs directly affects orthoxylene prices, which in turn impacts phthalic anhydride production costs. Consequently, when oil markets experi...