The market for Maleic Anhydride(MA) in China has been relatively weak recently
The market for Maleic Anhydride(MA) in China has been relatively weak recently. The factory's execution price has slightly increased, but downstream procurement is mainly based on demand.
Recently, the Maleic Anhydride production load of Wanhua in Yantai has reached 70%, and Hengli's three Maleic Anhydride production lines have also reached 70%. Liquid Maleic Anhydride is mainly used for own, and the market supply is normal.
In terms of upstream: Recently, the overall price of n-butane has risen.
Downstream: Recently, unsaturated resin companies have been operating slowly.
The downstream unsaturated resin of maleic anhydride slowly increases its load, and at the same time, the raw material market is relatively weak, which limits the price support for maleic anhydride; At present, the main factories producing maleic anhydride are mainly implementing stable prices