According to the data from the business society, the domestic maleic anhydride market price fell this week. As of September 25, the average market price of n-butane oxidation maleic anhydride remained at 8620.00 yuan/ton, down 0.92% from the price of 8700.00 yuan/ton on September 19, and up 13.42% from the same period last month.
On September 25, the maleic anhydride commodity index was 81.58, unchanged from yesterday, 50.98% lower than the cycle’s highest point of 166.43 (2021-12-15), and 59.40% higher than the lowest point of 51.18 on April 14, 2020. (Note: Period refers to 2011-09-01 to now)
The domestic benzene maleic anhydride market was shut down this week. The supply of n-butane oxidation maleic anhydride has increased this week, and the downstream has entered the pre festival stocking cycle, but the resin purchasing mood is general, stocking is cautious, and the deal is limited. As of the 25th, the solid anhydride in Shandong was about 8000 yuan/ton, that in Jiangsu was about 8000 yuan/ton, that in Shanxi was about 9500 yuan/ton, that in Hebei was about 9000 yuan/ton, and that in South China was about 8500 yuan/ton.
On the upstream side, the price of pure benzene rose this week. On September 19, the average price of pure benzene was 7850.50 yuan/ton, and on September 25, the average price of pure benzene was 7947.17 yuan/ton, up 1.23%. The ex factory price of hydrogenated benzene in North China rose this week, at 7866.67 yuan/ton on September 19, and 7966.67 yuan/ton on September 25, up 1.27% weekly. As for n-butane, as of September 25, the price in Shandong was 5800 yuan/ton.
According to the maleic anhydride product analysts of the business community, the benzene oxidation process in the domestic maleic anhydride market has suffered a serious loss at present, the factory has been shut down for maintenance, and the market circulation supply is small; The supply of n-butane oxidation maleic anhydride has increased this week, and the downstream has entered the pre festival stocking cycle, but the resin purchasing mood is general, stocking is cautious, and the deal is limited. It is expected that the maleic anhydride market will continue to decline in the near future.