Maleic anhydride is a colorless, transparent liquid with a strong pungent odor. It has active chemical properties and can undergo oxidation, reduction, hydrolysis, polycondensation and other reactions. At room temperature, maleic anhydride is a flammable and explosive organic compound, so special care must be taken when storing and using it.
Maleic anhydride is a very important organic compound. Its chemical properties and wide application fields make it play an important role in the fields of chemical industry, coatings, and drug synthesis. However, it is necessary to pay attention to safety when using maleic anhydride, especially to strictly abide by safety regulations during storage and use to prevent accidents.
The domestic maleic anhydride market has risen sharply recently. As of April 28, the average market price of maleic anhydride produced by n-butane oxidation method has increased by 4.45% compared with April 14.
Supply: The execution price of maleic anhydride factories has risen sharply recently, mainly due to the unexpected shutdown of the Yantai plant; Yantai Wanhua is currently shut down until the end of May, Hengli Petrochemical has a low load, and Qingdao Refining has plans to sell to other companies in the near future; maleic anhydride downstream unsaturated resin manufacturers need to stock up before the holiday. As of April 28, the ex-factory price of solid anhydride in Shandong is around 6,700 RMB/ton, and the ex-factory price of liquid anhydride is around 6,400 RMB/ton.
Upstream: The market price of n-butane has continued to fall recently, and the price in Shandong is around 5,050 RMB/ton as of April 28.
Downstream: Currently, the price of unsaturated resin is mainly stable. Some unsaturated resin units have shutdown plans during the May Day holiday, and the supply is relatively reduced. The downstream demand for unsaturated resin is justified, and the support for unsaturated resin is limited, and the market is in a wait-and-see mood.
Recently, the replenishment of maleic anhydride’s main downstream resins has basically ended, and the market support for n-butane upstream of maleic anhydride has fallen. At present, the maleic anhydride market is cautious about the post-holiday market, and it is expected that the maleic anhydride market will be mainly consolidated in the near future.
Post time: Apr-29-2025