Maleic anhydride market remains depressed
April 25, 2022
In the domestic maleic anhydride market last week, the sentiment was muted, end-user demand contradicted, and raw material cost support was lost, causing the maleic anhydride market to decline. Businesses look after the market to enhance the status quo, there is no market situation is still continuation. Maleic anhydride manufacturers offer more loose, but it is still difficult to stimulate the enthusiasm of the downstream receiving goods, the market continues to suppress pressure. The domestic male-anhydride market has a sporadic offer of RMB 9800 to RMB 10,300/t, which is a significant drop from before. Manufacturers shipped more predominant orders, difficult to discuss substantively.
With the increasing resistance of the downstream industries, the inventory of maleic anhydride manufacturers has increased, the situation of selling on the market has appeared, and the operating rate of unsaturated resin manufacturers is not high. It is expected that domestic maleic anhydride will continue to operate in a downturn in the short term.
