March 16 News: On March 16, Yantai Wanhua's maleic anhydride auction: 90 tons were auctioned in the East China session, with all 90 tons sold at a transaction price of 7,650 yuan per ton. Chempricehub's analysis of maleic anhydride, with a bullish-bearish score of 1: The East China maleic anhydride auction was fully concluded at a transaction price of 7,650 yuan per ton, indicating strong market demand and tight supply, which is favorable for spot prices. This price is higher than the recent market average and may drive spot prices upward, reflecting a recovery in demand from the downstream chemical industry.