April 16th News: On April 16th, the maleic anhydride market in Shandong region experienced a downward trend. The ex-factory price for solid maleic anhydride was around 7,000–7,500 RMB/ton, while the ex-factory price for liquid maleic anhydride was around 7,000–7,200 RMB/ton. Prices from major manufacturers saw a slight decline, and auction transaction prices in East China also decreased. Chempricehub analyzed maleic anhydride, giving a bearish score of -1. The article indicates that on April 16th, the maleic anhydride market in Shandong region was in a downtrend, with solid maleic anhydride ex-factory prices ranging from 7,000 to 7,500 RMB/ton and liquid maleic anhydride ex-factory prices ranging from 7,000 to 7,200 RMB/ton. Prices from major manufacturers experienced a slight decline, and auction transaction prices in East China also decreased. This suggests that supply may have increased or demand weakened, putting downward pressure on spot prices and constituting a bearish influence. The score is a moderate bearish -1, as although the price decline was small, the overall trend was clearly downward, yet not severe enough to be considered a major bearish factor.
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