May 12 News
On May 12, the maleic anhydride market in Shandong saw price increases. Ex-works prices for solid maleic anhydride are running at 7,000–7,600 RMB/ton, while those for liquid maleic anhydride are running at 7,000–7,400 RMB/ton. Major local plants have implemented price hikes.
Chempricehub Commentary on Maleic Anhydride
Bullish-Bearish Score: +1
The maleic anhydride market in Shandong rose on May 12, with ex-works prices for solid maleic anhydride ranging from 7,000 to 7,600 RMB/ton and liquid maleic anhydride ranging from 7,000 to 7,400 RMB/ton. The price increases executed by local major plants provide clear support to maleic anhydride spot prices, a bullish factor for the spot market.
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