On October 28, the market price of maleic anhydride fluctuated at a high level

According to the data of business agency, the domestic maleic anhydride market fluctuated at a high level on October 28. As of October 28, the average price of benzene hydrogenation maleic anhydride remained at 16666.67 yuan / ton, which was stable compared with October 27 and increased by 23.46% compared with the same period last month.

The downstream unsaturated resin market is operating at a high level and mainly needs to be purchased. Upstream, pure benzene negotiation weakened and the market was bearish. On the 28th, the price of pure benzene was 7500-7850 yuan / ton. On October 28, the market price of hydrogenated benzene in Shandong fell, and the price was about 8120 yuan / ton. The price of n-butane remained stable, with 6380 yuan / ton in Shandong. At present, the supply of maleic anhydride in the domestic market is limited. Some factories execute early orders. The factories have no inventory pressure. The price is high. The crude oil falls and the high level of hydrogenated benzene falls. The market operation is cautious and the wait-and-see mood is strong. It is expected that the maleic anhydride market may have a downward trend in the near future.