On February 4, the maleic anhydride market in Shandong region showed weak consolidation. The ex-factory price of solid maleic anhydride hovered around 4,900 yuan per ton, while the ex-factory price of liquid maleic anhydride was around 4,700 yuan per ton. The auction transaction price in East China experienced a slight decline, with downstream demand primarily driven by rigid needs. PriceSeek's analysis of maleic anhydride indicates a bearish score of -1. The article reveals that the maleic anhydride market in Shandong region is consolidating weakly, with solid maleic anhydride priced at approximately 4,900 yuan per ton and liquid maleic anhydride at around 4,700 yuan per ton. The auction transaction price in East China has slightly declined, and downstream demand is mainly driven by rigid needs. This suggests that market supply is relatively sufficient but demand remains sluggish, lacking growth momentum, which puts downward pressure on prices. This generally exerts a bearish impact on spot prices, with a score of -1 (generally bearish), as the downward price trend is moderate without significant fluctuations.
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