According to the commodity analysis system of Shengyi Society, the domestic maleic anhydride market was mainly weakly consolidated this week. As of April 18th, the average market price of n-butane oxidation maleic anhydride remained at 6630 yuan/ton, stable compared to April 14th.

Supply side: This week, the main factories producing maleic anhydride have maintained stable prices; Downstream unsaturated resin manufacturers of maleic anhydride are operating steadily, with a focus on replenishing urgently needed maleic anhydride. As of April 18th, the factory price of solid anhydride in Shandong region is around 6400 yuan/ton, and the factory price of liquid anhydride is around 5950 yuan/ton.
Upstream: The n-butane market has fallen this week, and as of April 18th, the price in Shandong is around 5300 yuan/ton.
Downstream: Currently, unsaturated resin enterprises are mainly operating steadily, and the downstream demand for unsaturated resin procurement is limited, resulting in limited support for unsaturated resin and a strong market wait-and-see sentiment.
The analyst of Shengyi Society’s maleic anhydride products believes that the replenishment of downstream resins, the main force of maleic anhydride, is limited in the near future. In addition, the upstream n-butane market of maleic anhydride has fallen, and market support is limited. It is expected that the maleic anhydride market will mainly consolidate in the near future.