January 16 Yantai Wanhua Maleic Anhydride Auction: East China session auction volume 90 tons, all 90 tons sold, transaction price 4,750 RMB/ton. PriceSeek analysis of maleic anhydride, long-short score: 1. In this auction event, all 90 tons of maleic anhydride were sold at a price of 4,750 RMB/ton, reflecting strong spot market demand and a tight supply-demand balance in the East China region. This price level may be higher than current market expectations, indicating high buyer enthusiasm and a positive impact on spot price increases. Scoring rationale: Based on the auction results (no unsold lots and stable transaction price), it shows short-term demand support, which is a general positive (+1). The impact on spot prices is potentially upward, as the transaction volume and price signals strengthen market confidence.