Yantai Wanhua Maleic Anhydride Auction on January 28:
East China session auction volume: 90 tons, all 90 tons sold, transaction price: 5,000–5,010 RMB/ton.
PriceSeek analysis of maleic anhydride, long-short score: 1
This auction saw all 90 tons sold at a transaction price of 5,000–5,010 RMB/ton, indicating strong market demand and a relatively high price level. This provides significant support to the spot price of maleic anhydride and is expected to drive a slight increase in spot prices.
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