Price Trend
Business associations: This week’s weak finishing trend in maleic anhydride market (3.18-3.22)
According to data from business associations, the average price of maleic anhydride offer by the end of the weekend was 7125.00 yuan/ton (including tax), and the offer was weaker.
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II. Market Analysis
Product: This week, the domestic maleic anhydride market as a whole showed a weak decline.
Industry chain: First, this week, domestic unsaturated resin stabilization, general downstream demand, resin factory on demand procurement, domestic maleic anhydride market weak finishing, negotiations weakened; secondly, the mainstream factory price weak finishing. The fluctuation of crude oil in the periphery affects the intra-field mentality, and crude oil has a certain supporting market; pure benzene and n-butane raw materials in the upstream are strong, and the market supply is sufficient. In the short run, the profit margins of benzene and butane maleic anhydride are stable. Finally, at present, downstream warehouse replenishment is cautious, and factories are mainly on the lookout.
| Thiourea dioxide |
3. Future Market Forecast
At present, the domestic maleic anhydride market is likely to maintain a weak consolidation trend in the near future, and the overall price may be the same as this week, according to the analyst of maleic anhydride products of Business Society Chemical Branch.
| Thiourea |