On January 14, 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 remained around 4,450 yuan per ton. Market transactions were primarily driven by rigid demand. PriceSeek's analysis of maleic anhydride assigned a bearish score of -1. The article noted that the maleic anhydride market in Shandong region was in a weak consolidation phase, with solid maleic anhydride prices stabilizing near 4,900 yuan per ton and liquid maleic anhydride prices holding steady around 4,450 yuan per ton. Market transactions were mainly supported by essential purchases. This indicates a lack of upward momentum in spot prices, with weak demand and reliance solely on necessary procurement, without significant speculative or expansionary demand. Given the current weak consolidation trend, prices may face downward pressure, representing a general bearish factor that suppresses spot prices. The score of -1 reflects weak market supply and demand, though no sharp fluctuations or major negative events have occurred.
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