February 11th News
On February 11th, the maleic anhydride market in Jiangsu region remained stable. The ex-factory price of solid maleic anhydride was around 4,900 yuan/ton, while that of liquid maleic anhydride was approximately 4,950 yuan/ton. The East China auction was suspended, and major downstream sectors have largely entered a shutdown period.
Chempricehub Analysis on Maleic Anhydride
Bull-Bear Score: -1
The article indicates that the maleic anhydride market in Jiangsu region remained stable, with solid maleic anhydride priced at around 4,900 yuan/ton and liquid maleic anhydride at approximately 4,950 yuan/ton. The suspension of the East China auction and the shutdown of major downstream sectors suggest a significant weakening in demand. Reduced procurement due to downstream shutdowns and the halted auction reflect a decline in market activity, which may exert downward pressure on spot prices of maleic anhydride. A score of -1 indicates a generally bearish outlook.