The maleic anhydride market fell this week (5.20-5.24)

First, the price trend

The maleic anhydride market fell this week (5.20-5.24)

According to business news, the average price of maleic anhydride was 6975.00 yuan/ton (all tax included) by the end of the weekend, and the weakness of the offer fell.

Second, the market analysis

Gamma PGA

Products: This week, the domestic maleic anhydride market as a whole continued to move down the trend. Industrial chain: First of all, this week the domestic unsaturated resin demand in general, resin factory on demand procurement mainly, the domestic maleic anhydride market weak weakening; second, the mainstream factory quotes continue to move down the trend, the current market oversupply. Peripheral crude oil fluctuations affect the mentality of the field, the decline of crude oil on the market support is limited, upstream raw materials pure benzene prices float down, positive butane prices fell, the market supply is sufficient, some factories due to seize market share and cut prices. In the short term, the profit rate of benzene method and butane maleic anhydride is stable.

Finally, the downstream filling warehouse is cautious, the factory more wait-and-see mainly.

Third, the forecast of the aftermarket Business Society Chemical Branch maleic anhydride product analysts believe: At present, the recent domestic maleic anhydride market or will remain weak collation trend, the overall price or with this week’s flat.

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