According to the data from the business society, the domestic maleic anhydride market price fell this week. As of November 27, the average market price of n-butane oxidation maleic anhydride remained at 70000.00 yuan/ton, down 1.69% from the price of 7120.00 yuan/ton on November 21, and down 9.68% from the same period last month.

On November 27, the maleic anhydride commodity index was 65.94, unchanged from yesterday, down 60.38% from the highest point of 166.43 (2021-12-15) in the cycle, and up 28.84% from the lowest point of 51.18 on April 14, 2020. (Note: Period refers to 2011-09-01 to now)

Most domestic benzol maleic anhydride markets were shut down this week. This week, the main factories of n-butane oxidation method had sufficient supply, and the downstream resin procurement was cautious, with limited turnover. As of the 27th day, the solid anhydride in Shandong was about 6300 yuan/ton, that in Jiangsu was about 6400 yuan/ton, and that in Shanxi and Hebei was about 6900 yuan/ton.

On the upstream side, pure benzene fell this week, with an average price of 6767.17 yuan/ton on November 27 and 6992.17 yuan/ton on November 21, down 3.22%. The ex factory price of hydrogenated benzene in North China fell this week, at 6916.67 yuan/ton on November 27, and 6966.67 yuan/ton on November 21, down 0.72%. As for n-butane, as of November 20, the price in Shandong was 5000 yuan/ton.

According to the maleic anhydride product analysts of the Business Club, the benzene oxidation process in the domestic maleic anhydride market is suffering from serious losses at present, the factory is shut down for maintenance, and the market circulation supply is less; This week, the main maleic anhydride plants had sufficient supply, but Jiangsu and Zhejiang manufacturers began to close the offer and wait, while Shandong manufacturers’ production fell, and the price had an upward trend at the weekend. Maleic anhydride market is expected to rise in the near future.