1、 Price trend

According to the data of business agency, the domestic market price of maleic anhydride fell this week. As of March 6, the average price of phenylhydrogenation maleic anhydride remained at 12166.67 yuan / ton, down 6.41% from the average price of 13000.00 yuan / ton on February 28 and up 6.73% from the same period last month.

On March 6, the maleic anhydride commodity index was 114.61, unchanged from yesterday, down 31.14% from the highest point of 166.43 in the cycle (2021-12-15), and up 123.94% from the lowest point of 51.18 on April 14, 2020. (Note: the period refers to the period from September 1, 2011 to now)

2、 Analysis of influencing factors

This week, the domestic benzene maleic anhydride market started to decline. Recently, the downstream unsaturated resin market has increased slightly. At present, the operation has increased, but the rigid demand is limited. As of June 6, the solid anhydride in Shandong was about 11500 yuan / ton, that in Jiangsu was about 11500 yuan / ton, that in Shanxi was about 11500 yuan / ton, that in Hebei was about 11500 yuan / ton, and that in South China was about 11500 yuan / ton. At the beginning of March, the supply in Shandong increased, and the units in South China were shut down centrally.

Upstream, pure benzene rebounded broadly after a narrow decline this week. The average price of pure benzene was 7940 yuan / ton on February 25 and 8460 yuan / ton on March 4, an increase of 520 yuan / ton or 6.55% over last week. The market price of hydrogenated benzene in North China rose this week, from 7975 yuan / ton on February 28 to 8175 yuan / ton on March 6, an increase of 2.51%. In terms of n-butane, the price in Shandong was 7200 yuan / ton as of March 6.

3、 Future forecast

Analysts of maleic anhydride products of business society believe that at present, the domestic maleic anhydride market is closed and wait-and-see, and the construction of downstream resin manufacturers has increased, but the just need to purchase is general. At present, the sharp rise in the price of crude oil drives the rise in the price of domestic raw materials. It is expected that the maleic anhydride market may fluctuate upward in the near future.