On February 4, the maleic anhydride market in Jiangsu remained weak and consolidated. The ex-factory price of solid maleic anhydride was around 4,900 yuan/ton, while that of liquid maleic anhydride was around 5,000 yuan/ton. The auction transaction price in East China showed a slight decline, and the surrounding markets also exhibited weak consolidation. According to PriceSeek's analysis of maleic anhydride, the market sentiment was bearish with a score of -1. The market remained weak and consolidated, with solid maleic anhydride ex-factory prices around 4,900 yuan/ton and liquid maleic anhydride ex-factory prices around 5,000 yuan/ton. The auction transaction price in East China experienced a slight decline, and the surrounding markets also displayed a weak trend. This indicates sluggish demand and relatively sufficient supply, leading to downward pressure on spot prices. The rating is based on a generally bearish outlook (-1), as the price decline was moderate and the overall market remained weak without significant negative events. It is expected that prices may remain weak in the short term with limited fluctuations.
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