January 26th News
On January 26th, Yantai Wanhua's maleic anhydride auction: The East China session failed to conclude.
Chempricehub's analysis of maleic anhydride, with a bullish-bearish score: -1. The failure of the East China auction indicates weak demand for maleic anhydride, with insufficient willingness among buyers to bid, possibly due to oversupply or sluggish demand in downstream industries. This event exerts a generally bearish impact on spot prices, and it is expected that spot prices will face downward pressure in the short term, with market sentiment leaning toward cautious observation.