March 30th News: On March 30th, the maleic anhydride market in Shandong region saw an increase in prices. Solid maleic anhydride ex-factory prices were around 7,700-8,000 RMB/ton, while liquid maleic anhydride ex-factory prices were around 7,700 RMB/ton. The price of raw material n-butane rose, and the auction transaction prices in East China also increased. Chempricehub analyzed maleic anhydride with a bullish-bearish score of 2: The maleic anhydride market in Shandong region experienced a price increase, with solid maleic anhydride ex-factory prices at 7,700-8,000 RMB/ton and liquid maleic anhydride ex-factory prices at 7,700 RMB/ton. The rise in raw material n-butane prices and the increase in auction transaction prices in East China indicate strong downstream demand and potential tightness in supply, which is favorable for the spot price of maleic anhydride. It is expected that prices will continue to rise further. N-butane, with a bullish-bearish score of 2: The price of raw material n-butane increased, possibly due to rising demand in the chemical industry chain or reduced supply, which is favorable for the spot price of n-butane. It is expected that prices will remain high in the short term.
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