Week summary for Maleic Anhydride Sept 17
Maleic anhydride market price continued to rise broadly this week. Although some of the factories restarted production after their initial maintenance period, the spot supply is still very tight.
Market forecasts for Maleic Anhydride
Looking at next week, the downstream resin market starts smoothly and the demand side still supports the current price of maleic anhydride. Overall, it is expected that the market will remain strong, but due to the downstream demand resistance, the growing rate will slow down.
Moreover, the manufacturers have a long order schedule, and the spot quantity is still limited in the short term. With this support, there is a possibility that the market may continue to rise.