March 25th News — On March 25th, the maleic anhydride market in Shandong region showed weak consolidation. The ex-factory price of solid maleic anhydride hovered around 7,800–8,000 yuan/ton, while the ex-factory price of liquid maleic anhydride ranged approximately between 7,600–7,800 yuan/ton. The auction transaction price at the Yantai session saw a significant increase initially, followed by a decline in the second round of bidding. Chempricehub's analysis of maleic anhydride indicates a bearish score of -1.5. The market exhibited weak consolidation, with solid maleic anhydride ex-factory prices at 7,800–8,000 yuan/ton and liquid maleic anhydride ex-factory prices at 7,600–7,800 yuan/ton, both operating at low levels, reflecting weak demand and supply pressure. The auction transaction price in Yantai initially surged significantly but later declined in the second round of bidding, indicating that short-term positive factors are unsustainable and prices are under downward pressure. Overall, bearish factors dominate, and spot prices are expected to face further downside risks, with a score of -1.5 (moderately bearish).