Maleic anhydride remains depressed
March 02, 2022
Last week, the atmosphere of the domestic maleic anhydride market was relatively light, and the terminal's pressure was not reduced. Manufacturers suspended quotation for many times, a single discussion, taking goods to long-term appointments, new ones talked about lack of. Crude oil prices continued to fluctuate, and the downward pressure on ** remained. This did not significantly improve the downturn in the maleic anhydride market. However, the intention of asking for goods in some areas has been improved. Some manufacturers have offered an offer to raise the price to RMB 9,600 to RMB 10,100/tonne. However, the transaction is still showing resistance.
At present, the limited output of coking plants has gradually increased, the output of crude benzene is limited, and the price of manufacturers is increasing, but the transaction at high levels is more difficult. The overall operating rate of coking benzene manufacturers is not high, and the supply on the market is limited. Downstream unsaturated resin prices fell, the overall operating rate of the manufacturers remained low, weak demand remains. At present, the maleic anhydride market has slightly increased its pushing-up atmosphere, but it lacks motivation, and the trend of the late period is not clear, and it will take time for the maleic anhydride market to improve.