On January 4th, Wanhua Chemical's maleic anhydride auction in Yantai: The Yantai session had an auction volume of 90 tons, with 90 tons sold at a transaction price of 4,300 RMB/ton. The East China session had an auction volume of 150 tons, with 150 tons sold at a transaction price of 4,740 RMB/ton.
PriceSeek's analysis of maleic anhydride, with a bullish-bearish score of +1: The article reports the spot auction situation of maleic anhydride on January 4th. The transaction price in the Yantai session was 4,300 RMB/ton, while the East China session reached 4,740 RMB/ton, with all auctioned volumes successfully sold. The significantly higher price of 4,740 RMB/ton in East China compared to Yantai indicates strong regional demand, particularly in the East China market, where supply and demand are tight, potentially driving an overall upward trend in spot prices. The full auction success reflects high market activity and buyer acceptance, providing support for spot prices. The score is +1 (generally bullish), as the high transaction prices and strong demand signals are favorable for short-term prices, though regional price disparities may introduce localized volatility risks.