According to the commodity analysis system of Shengyi Society, the domestic maleic anhydride market stabilized at a low level on June 30th, with a slight overall decline. As of June 30th, the average market price of n-butane oxidation maleic anhydride remained at 6250 yuan/ton, a decrease of 0.4% from 6275.00 yuan/ton on June 29th.

On the supply side: On June 30th, the market for maleic anhydride stabilized at a low level, with factory prices slightly falling. Downstream purchases were cautious, and new orders were limited. Recently, downstream unsaturated resin manufacturers of maleic anhydride have maintained a stock of essential goods and are mainly observing the situation. As of June 30th, the factory price of solid anhydride is around 5700 yuan/ton, and the factory price of liquid anhydride is around 5250 yuan/ton.
Upstream: On June 30th, the n-butane market rose slightly by 10 yuan/ton, and as of June 30th, the price in Shandong was around 4600-4650 yuan/ton.
Downstream: On June 30th, the unsaturated resin market was mainly weak and stable. Currently, unsaturated resin is still in the off-season, and downstream transactions are average. The support for unsaturated resin is limited, and the market has a strong wait-and-see sentiment.
The analyst of Shengyi Society’s maleic anhydride products believes that currently, the main downstream unsaturated resin of maleic anhydride maintains a strong demand for maleic anhydride procurement, and the market is mainly wait-and-see; The upstream n-butane market for maleic anhydride remains stable, with limited cost support. It is expected that the maleic anhydride market will mainly consolidate at a low level in the near future.