April 29 News - On April 29, the maleic anhydride market in Shandong region showed an upward trend, with ex-factory prices for solid maleic anhydride running around 7,000-7,400 RMB/ton, and for liquid maleic anhydride around 6,700-7,100 RMB/ton. Factory execution prices increased by 200 RMB/ton. Chempricehub's assessment of maleic anhydride gives a bull/bear rating of 1.5. The article indicates that the maleic anhydride market in Shandong is on the rise, with ex-factory prices for both solid and liquid forms increasing by 200 RMB/ton to reach 7,000-7,400 RMB/ton and 6,700-7,100 RMB/ton, respectively. This suggests tight supply or increased demand in the spot market, driving a significant price increase. The rise of approximately 2.7-3.0% represents a strong bullish signal, expected to push spot prices further upward. The rating is +1.5, as the price increase is substantial and the trend is clear, though it has not yet reached an extreme level of supply-demand imbalance.
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