On January 14, the maleic anhydride market in Jiangsu region showed a weak consolidation trend. The ex-factory price of solid maleic anhydride was around 4,900 yuan/ton, while the ex-factory price of liquid maleic anhydride was around 4,800 yuan/ton. In East China, the auction did not achieve full transaction volume, with prices dropping by 30 yuan/ton. The surrounding liquid maleic anhydride market also remained weak, with transactions primarily driven by rigid demand. PriceSeek's analysis of maleic anhydride indicates a bearish score of -1. The article highlights the weak consolidation in the maleic anhydride market in Jiangsu, with solid maleic anhydride ex-factory prices around 4,900 yuan/ton and liquid maleic anhydride ex-factory prices around 4,800 yuan/ton. In East China, the auction failed to achieve full transaction volume, and prices declined by 30 yuan/ton. The surrounding liquid maleic anhydride market also remained weak, with transactions mainly driven by rigid demand. This reflects sluggish demand and relatively ample supply, exerting downward pressure on spot prices. The score of -1.0 (generally bearish) is assigned because, although the price decline is not significant, the persistent weakness indicates a lack of strong market support.
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