On February 2, the maleic anhydride market in Jiangsu region showed weak consolidation, with solid maleic anhydride ex-factory prices around 4,950 yuan/ton and liquid maleic anhydride ex-factory prices around 5,100 yuan/ton. The auction transaction prices in East China declined, and the surrounding markets also exhibited weak consolidation. PriceSeek's analysis of maleic anhydride indicates a bearish score of -1.5. The article highlights that the maleic anhydride market in Jiangsu region is experiencing weak consolidation, with solid maleic anhydride ex-factory prices around 4,950 yuan/ton and liquid maleic anhydride ex-factory prices around 5,100 yuan/ton. The auction transaction prices in East China have declined, and the surrounding markets are also in a state of weak consolidation. This suggests weak spot demand for maleic anhydride, relatively sufficient supply, and increased overall downward pressure on prices. A score of -1.5 indicates a moderately strong bearish influence, as the downward price trend is clear but not driven by major unexpected events. It is expected that spot prices will remain weak and volatile in the short term.
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