April 15th - On April 15th, the maleic anhydride market in Shandong region experienced a downward trend. The ex-factory price for solid maleic anhydride hovered around 7,300-7,400 RMB/ton, while the ex-factory price for liquid maleic anhydride ranged from 7,200-7,300 RMB/ton. Prices from major producers declined, and the auction in East China was not fully concluded, resulting in lower transaction prices. Chempricehub's analysis of maleic anhydride assigned a bearish score of -1. The article highlighted the downturn in the maleic anhydride market in Shandong, with solid maleic anhydride priced at 7,300-7,400 RMB/ton and liquid maleic anhydride at 7,200-7,300 RMB/ton. The drop in prices from key producers, coupled with the incomplete auction in East China and declining transaction prices, reflects either ample market supply or weak demand, putting downward pressure on spot prices. The rating is moderately bearish (-1), as the widespread price decline and sluggish transactions indicate increased short-term selling pressure, though not reaching the level of an extreme event.
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