Recently, the global LABSA(Linear Alkyl Benzene Sulfonic Acid) market has seen robust supply and demand, with continued growth in downstream demand from the detergent and daily chemical industries, leading to noticeable price fluctuations.

Compared with the average price of the previous month, it has decreased by 300 yuan/ton, with a decline rate of 5.49%; compared with the average price of the same period last year, it has dropped by 1,408 yuan/ton, representing a decline rate of 21.42%.

With rising temperatures, the domestic phthalic anhydride downstream industry has entered its traditional off-season, slowing raw material consumption. Operating rates for major downstream industries have declined, with the exception of some DINP units operating at higher capacity due to maintenance.

China's maleic anhydride export market showed resilience amid global economic complexities, with H1 exports exceeding 100,000 tons. However, growth slowed amid intensified "volume-for-price" competition. H2 exports are expected to grow but face pressure from oversupply and global uncertainties.

In 2025, due to the influence of multiple factors such as increased supply pressure, weakened cost support, and general demand support, the price center of gravity of the phthalic anhydride market has repeatedly bottomed out. In June, the market price of phthalic anhydride hit a low point in recent years. In the short term, with the follow-up of low-level transactions, the decline in market prices has gradually slowed down.

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