March 10th News On March 10th, the maleic anhydride market in Shandong region remained stable, with solid anhydride ex-factory prices hovering around 8,000–8,700 yuan/ton and liquid anhydride ex-factory prices around 8,300–8,500 yuan/ton. No transactions were recorded in the East China auction, and downstream buyers adopted a wait-and-see approach. Chempricehub Analysis of Maleic Anhydride, Bull-Bear Score: -1 The article indicates that the maleic anhydride market in Shandong region remained stable, with solid anhydride ex-factory prices ranging from 8,000 to 8,700 yuan/ton and liquid anhydride ex-factory prices ranging from 8,300 to 8,500 yuan/ton. However, the lack of transactions in the East China auction and the predominantly cautious stance of downstream buyers suggest weak demand and insufficient market liquidity, increasing the downward pressure on spot prices. Combined with recent data on the main maleic anhydride futures contract (such as prices fluctuating around 8,400 yuan/ton and persistently low trading volumes), bearish sentiment in the market has intensified, potentially leading to further declines in futures prices. A score of -1 (generally bearish) is assigned, as cautious demand is suppressing price support, though it has not yet reached the level of an extreme event.