April 10th — On April 10th, the maleic anhydride market in Shandong region experienced a downturn. The ex-factory price for solid maleic anhydride hovered around 8,000–8,400 yuan per ton, while the ex-factory price for liquid maleic anhydride ranged from 8,000 to 8,200 yuan per ton. Additionally, the auction session in East China failed to secure any transactions.

Chempricehub's analysis of maleic anhydride assigned a bearish score of -1.5. The report indicates a decline in the maleic anhydride market in Shandong, with both solid and liquid anhydride prices operating at low levels. The unsuccessful auction in East China further suggests weak market demand, oversupply, or strong buyer hesitation, putting downward pressure on spot prices. The score of -1.5 reflects a moderate to significant bearish outlook, as the price drop and failed auction highlight short-term negative trends. However, the absence of extreme events, such as production halts, prevents the score from reaching the -2 level.