1、 Price trend
| EDTA 2Na |
According to the data of the business agency, as of August 13, the average price of maleic anhydride by benzene hydrogenation method was 6766 yuan / ton (including tax), and the overall market was stable and upward, with an increase of 5.18% compared with the average price of 6433 yuan / ton in the same period of last month.
On August 12, the commodity index of maleic anhydride was 63.74, which was the same as yesterday, decreased by 48.46% from the highest point of 123.67 in the cycle (December 26, 2017), and increased by 24.54% 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: due to the negative impact of the maintenance of enterprises in the main production areas, the supply of maleic anhydride market in China is limited recently, and the enterprise’s inventory pressure is not great, so the ex factory price has risen steadily. However, the downstream resin industry starts to operate at a low level, but the enterprise’s inventory is low, so the demand side still exists, and the price support for maleic anhydride is acceptable.
| EDTA |
Industrial chain: the center of gravity of hydrobenzene market has fallen, and enterprises have successively lowered the ex factory prices. The demand of downstream market is limited, and the sentiment of price reduction is obvious; the downstream resin industry is in a horizontal arrangement, and the overall market start-up is low, and the terminal demand is still flat.
3、 Future forecast
Business Club maleic anhydride product analysts believe that, although the downstream market demand is flat, but the overall supply of maleic anhydride market is tight, the supply side of maleic anhydride price support is still good, and the enterprise inventory pressure is not big, so the short-term stable operation.
| Melamine |