Maleic anhydride market is weak this week (12.21-12.25)

1、 Price trend

 

Benzalkonium chloride

According to the data of business news agency, the domestic maleic anhydride market was weak this week. As of December 25, the average price of hydrogenated maleic anhydride remained around 8500.00 yuan / ton, down 0.39% from the beginning of the week and 6.93% from the same period last month.

 

Yesterday, the commodity index rose 123.56% from the lowest point in December 2014 to December 26, 2020, and was flat from the lowest point in December 2014. (Note: period refers to the period from September 1, 2011 to now)

 

2、 Analysis of influencing factors

 

This week, the domestic maleic anhydride market started stable, and some enterprises carried out preliminary orders. Under the influence of environmental protection factors, the operation rate of unsaturated resin downstream is general, and the resin market demand is general. As of the 25th, the amount of solid anhydride in Shandong is about 7800 yuan / ton, that in Jiangsu is about 8200 yuan / ton, that in Shanxi is about 7800 yuan / ton, that in Hebei is about 7800 yuan / ton, and that in South China is about 79600 yuan / ton.

 

On the upstream side, according to the data of business club’s block list, pure benzene fell this week. On December 27, the price of pure benzene was 3880-4600 yuan / ton, with an average price of 4414 yuan / ton, a decrease of 72 yuan / ton or 1.6% compared with last week; the recent start-up of hydrobenzene was relatively stable, and the port pure benzene inventory declined, with price consolidation as the main trend. As of December 25, the mainstream quotation range of hydrobenzene market in Shandong was 4000-4050 yuan / ton, with an average price of 4025 yuan / ton; the price of n-butane was firm.

 

3、 Future forecast

 

Business community maleic anhydride product analysts believe that the current maleic anhydride market has strong wait-and-see sentiment, the downstream resin demand is general, the terminal demand performance is general, and the wait-and-see sentiment is strong. It is expected that the price will be sorted out in a short time.

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