ChemPriceHub Important Notice: Maleic Anhydride in Jiangsu Shows Weak Consolidation with Reduced Demand Due to Downstream Shutdowns

On February 9, the maleic anhydride market in Jiangsu region showed weak consolidation. The ex-factory price of solid maleic anhydride was around 4,900 yuan/ton, while that of liquid maleic anhydride was around 4,950 yuan/ton. The auction in East China did not result in any transactions, and major downstream industries have largely entered a shutdown period. PriceSeek's analysis of maleic anhydride indicates a bearish score of -1.5. The weak consolidation in the maleic anhydride market in Jiangsu region, with ex-factory prices of solid maleic anhydride around 4,900 yuan/ton and liquid maleic anhydride around 4,950 yuan/ton, reflects a lack of upward momentum in prices. The unsuccessful auction in East China suggests a scarcity of buyers and insufficient demand in the market. With major downstream industries largely entering a shutdown period, consumption demand is further reduced, putting downward pressure on spot prices and highlighting significant bearish impacts.