On February 3, the maleic anhydride market in Jiangsu region exhibited weak consolidation. The ex-factory price of solid maleic anhydride was around 4,950 yuan/ton, while that of liquid maleic anhydride was approximately 5,050 yuan/ton. The auction in East China was not fully concluded, and the surrounding markets also showed weak consolidation. PriceSeek's analysis of maleic anhydride indicates a bearish score of -1. The article highlights that the maleic anhydride market in Jiangsu is experiencing weak consolidation, with solid maleic anhydride priced around 4,950 yuan/ton and liquid maleic anhydride around 5,050 yuan/ton. The incomplete auction in East China and the weak consolidation in neighboring markets suggest sluggish demand and relatively ample supply, putting downward pressure on prices. This situation negatively impacts spot prices and represents a general bearish factor, potentially suppressing short-term price rebounds.
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