Maleic anhydride market rose this week (6.24-6.28)

Price Trend

Maleic anhydride market rose this week (6.24-6.28)

According to data from business associations, the average price of maleic anhydride offer by the end of the weekend was 6 600.00 yuan/ton (including tax), and the offer rose.

http://www.bariumcarbonate.net

II. Market Analysis

Product: This week, the domestic maleic anhydride market as a whole rose.

Industry Chain: First of all, unsaturated resins continue to operate in a weak way this week, and pressure resins start to work under the weak demand downstream of resins; secondly, mainstream factory prices are strong, and there is no pressure on the market to move goods. The fluctuation of crude oil in the periphery affects the market mentality, and the rise of crude oil has some support for the market; the rise of oil price has led to the rise of pure benzene price of upstream raw materials, while the price of n-butane is still hovering at a low price, and the market supply is adequate. In the short run, the profit margins of maleic anhydride by benzene and butane methods remain stable. Finally, at present, intermediaries and downstream have low enthusiasm to catch up with high prices, but there is no pressure to move goods.

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3. Future Market Forecast

Analysts of Maleic Anhydride Products from Business Society Chemical Branch believe that although there is still a gap between supply and demand of Maleic Anhydride in the short term, there is still an opportunity to rise without the pressure of domestic goods.

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