January 16 News: On January 16, Yantai Wanhua's maleic anhydride auction: 90 tons were offered in the East China session, all 90 tons were sold at a transaction price of 4,750 yuan/ton. Chempricehub's analysis of maleic anhydride, with a long-short rating: 1. In this auction event, all 90 tons of maleic anhydride were sold at a transaction price of 4,750 yuan/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 favorable conditions for spot price increases. Rating rationale: Based on the auction results (no unsold lots and stable transaction prices), it shows short-term demand support, which is generally favorable (+1). The impact on spot prices is potentially upward, as the transaction volume and price signals strengthen market confidence.