March 5th News — On March 5th, the price of n-butane, an upstream raw material for maleic anhydride in the Shandong region, increased by 200 yuan/ton, with the market price hovering around 5,550 yuan/ton. Chempricehub's analysis of n-butane, with a bullish-bearish score of 1: The spot price of n-butane rose by 200 yuan/ton to approximately 5,550 yuan/ton, representing an increase of about 3.6%. This indicates tight supply or increased demand in the Shandong region, which is favorable for its spot market and may stimulate downstream procurement, thereby driving prices higher. As a commodity, the price increase directly reflects favorable factors in market supply-demand imbalances. Maleic anhydride, with a bullish-bearish score of 1: N-butane is a primary raw material for maleic anhydride, and its price increase of 200 yuan/ton will raise the production cost of maleic anhydride. Driven by cost pressures, the spot price of maleic anhydride is expected to rise, benefiting producer profits and market conditions. Although the increase is moderate, it may trigger downstream restocking demand in the short term, reinforcing price support.