1、 Price trend
According to the data of the business agency, as of July 27, the average price of maleic anhydride with benzene hydrogenation method was 6600 yuan / ton (including tax), and the overall market was stable and upward, with an increase of 2.06% compared with the average price of 6466 yuan / ton in the same period of last month.
|Sulfamic acid 99.50%|
On July 26, the commodity index of maleic anhydride was 60.60, which was the same as yesterday, decreased by 51.00% from the highest point of 123.67 (December 26, 2017), and increased by 18.41% from the lowest point of 51.18 on April 14, 2020. (Note: period refers to 2011-09-01 to now).
2、 Analysis of influencing factors
Products: affected by tight supply, the price of maleic anhydride in the main production areas continued to rise, while other regions followed. Some enterprises were reluctant to sell solid anhydride, which led to the aggravation of supply tension in the industry, the purchasing sentiment in the downstream market rebounded, and the price support for maleic anhydride was fair.
Industrial chain: the hydrobenzene market is affected by the replenishment of traders, and the price has stopped falling and stabilized. However, in the long run, the price of raw materials continues to fall, which does not support the price of hydrobenzene, and the downstream market just needs to be flat; the downstream unsaturated resin market is in a horizontal direction, with strong market wait-and-see sentiment, and with maleic anhydride, the cost pressure is becoming increasingly obvious.
3、 Future forecast
According to the analysts of maleic anhydride products of the business agency, the current maleic anhydride market continues to rise due to the tight supply. It is difficult to effectively make up the supply gap in the short term, and the seller has a good intention of supporting prices. It is expected that the maleic anhydride price will be firm in the short term