According to business data, the average price of maleic anhydride for the weekend is 88.5.33 yuan / ton (both tax included), the offer is bullish.
Second, the market analysis
Products: This week, the domestic maleic anhydride market as a whole showed an upward trend.
Industry chain: First of all, there is a certain uncertainty in the upstream UPR of domestic maleic anhydride, and the terminal tracking is not good under the pressure of Sino-US trade war and local environmental pressure in Jiangsu. Secondly, there are export orders in all major regions, but On the one hand, the price of raw materials continued to strengthen, in addition, there were fewer goods in circulation around the market, supporting the seller to continue to operate at a very high price, and the focus of the transaction was firm; finally, the maleic anhydride plant had no pressure on the whole, and the prices of n-butane and pure benzene were continuously explored. High, giving the factory cost pressure, so although the downstream has high price resistance, but the supply and cost temporarily promote the recent domestic market price of maleic anhydride or there is still an upside opportunity.
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Third, the market outlook
Analysts of maleic anhydride products in the business division of the chemical industry believe that: At present, the recent rise in raw material prices is obvious, and the cost is driven by the price of maleic anhydride. There is still a chance to go up in the short term.