ICIS price reporting for regional Phthalic anhydride markets is unparalleled in its ability to keep you on top of the information you need.
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We offer the following regional Phthalic anhydride coverage to keep you informed of factors and developments affecting prices in the Asia Phthalic anhydride marketplace.
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Updated to Q3 2017
The quarter saw two plants undergoing scheduled maintenance. Nan Ya Plastics shut one PA line at its Mailiao plant for catalyst replacement on 1 August for one month. The plant has four lines with total capacity of 228,000 tonnes/year. Production capacity of each plant is roughly equal. India’s IG Petrochemicals shut one PA line at its 166,000 tonne/year plant at Taloja, India in the week of 14 August. The plant has three lines. The line that was shut has a capacity of 60,000 tonnes/year. The line restarted in the first week of September.
Demand for spot import cargoes into China remains subdued amid a persistent buy-sell gap and weak domestic consumption. Meanwhile, the shutdown of IG Petrochemical’s 60,000 tonnes/year PA line led to tight supply of PA in the domestic India market. As such, northeast Asian producers were diverting their cargoes into India instead of China as they could achieve better netback. Demand in southeast Asia was largely stable during this period.
ICIS publishes a weekly report of spot prices for phthalic anhydride (PA) cost & freight (CFR) China Main Port (CMP) and southeast Asia (SE Asia).
ICIS also keeps track of key supply-demand dynamics in the domestic China market. Additionally, we report on important local prices in east and south China on an ex-warehouse basis.
Upstream orthoxylene (OX) prices give our subscribers a more in-depth understanding of the cost structure of PA producers.
Content is based on close contact with a wide range of market players showing that information is timely and impartial.
News on scheduled turnarounds, production outages, and an in-depth analysis of supply and demand fundamentals are included.
ICIS published prices are considered to be in-depth and accurate, forming a benchmark for spot transactions and a component for contract settlements in Asia.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Phthalic anhydride. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Phthalic anhydride, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.