February 4th News
On February 4th, the maleic anhydride market in Shandong region showed weak consolidation. The ex-factory price of solid maleic anhydride hovered around 4,900 RMB/ton, while the ex-factory price of liquid maleic anhydride was approximately 4,700 RMB/ton. The auction transaction price in East China experienced a slight decline, with downstream demand primarily driven by rigid needs.
Chempricehub's analysis of maleic anhydride indicates a bearish score of -1. The article highlights that the maleic anhydride market in Shandong region is consolidating weakly, with solid maleic anhydride ex-factory prices around 4,900 RMB/ton and liquid maleic anhydride ex-factory prices around 4,700 RMB/ton. The auction transaction price in East China has slightly declined, and downstream demand remains predominantly rigid. This suggests that market supply is relatively sufficient, but demand is weak, lacking growth momentum, leading to downward pressure on prices. This exerts a generally bearish impact on spot prices, with a score of -1 (moderately bearish), as the price decline is moderate and not characterized by sharp fluctuations.