January 23 - On January 23, the maleic anhydride market in Shandong region showed weak consolidation. The ex-factory price of solid maleic anhydride hovered around 5,000 yuan/ton, while the ex-factory price of liquid maleic anhydride was around 4,850 yuan/ton. The auction in East China was not fully concluded, with stable execution prices in major production areas, and downstream buyers remained cautious in entering the market.
Chempricehub's analysis of maleic anhydride: Bull-bear score: -1. The market is experiencing weak consolidation, with solid maleic anhydride ex-factory prices around 5,000 yuan/ton and liquid maleic anhydride around 4,850 yuan/ton. The incomplete auction in East China indicates weak demand. Although prices in major production areas remain stable, downstream buyers are cautious, reflecting limited supply-side pressure but insufficient demand. This increases the risk of downward pressure on spot prices. Overall, weakening demand dominates the market, exerting a generally bearish impact on spot prices.