1、 Price trend
| Benzalkonium chloride |
According to the data of business news agency, the market price of maleic anhydride in China fell this week. As of January 29, the average price of maleic anhydride by hydrogenation of benzene remained around 8333.33 yuan / ton, down 1.19% from the beginning of the week and up 2.88% from the same period last month.
On January 29, the maleic anhydride commodity index was 78.50, down 1.57 points from yesterday, down 36.52% from the highest point of 123.67 points in the cycle (December 26, 2017), and up 53.38% from the lowest point of 51.18 points on April 14, 2020. (Note: period refers to the period from September 1, 2011 to now)
2、 Analysis of influencing factors
This week, the domestic phthalic maleic anhydride market started low load operation. Under the influence of environmental protection and Spring Festival factors, the downstream unsaturated resin entered the shutdown period, the operating rate went down, the resin market was weak and wait-and-see, and just needed procurement was the main factor. As of the 29th, 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 7700 yuan / ton, that in Hebei is about 7900 yuan / ton, and that in South China is about 8200 yuan / ton.
On the upstream side, according to the data of business club’s block list, the price of pure benzene declined slightly this week. On the 25th, the average price of pure benzene was 4484 yuan / ton; on the 29th, the average price of pure benzene was 4456 yuan / ton, down 28 yuan / ton or 0.62% from last week. This week, the market price of hydrobenzene in Shandong remained stable, at 4075 yuan / ton. N-butane prices stopped falling and recovered.
3、 Future forecast
Business community maleic anhydride product analysts believe that at present, the maleic anhydride market is in a strong wait-and-see mood, and the downstream just need to purchase, the terminal demand is low, the wait-and-see mood is strong, and affected by the epidemic, the logistics is limited, and the price is expected to be sorted out in a short time.
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