Price Trend
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According to data from business associations, the average price of maleic anhydride offer by the end of the weekend was 7,100.00 yuan/ton (including tax), and the offer was weaker.
II. Market Analysis
Product: This week, the domestic maleic anhydride market as a whole showed a weak decline.
Industry chain: First, this week, domestic unsaturated resin finishing, downstream demand is general, resin factory on demand procurement is the main, domestic maleic anhydride market weakened, prices fell; secondly, the mainstream factory price weak finishing. Peripheral crude oil fluctuations affect the field mentality, crude oil has a certain support market; upstream raw materials pure benzene and n-butane are strong, the market supply is sufficient, in the short term, the profit margin of benzene and butane maleic anhydride is stable. Finally, at present, downstream warehouse replenishment is cautious, and factories are mainly on the lookout.
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3. Future Market Forecast
At present, the domestic maleic anhydride market is likely to maintain a weak consolidation trend in the near future, and the overall price may be the same as this week, according to the analyst of maleic anhydride products of Business Society Chemical Branch.
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