1、 Price trend
| Benzalkonium chloride |
According to the data of business news agency, the domestic market price of maleic anhydride rose this week. As of December 22, the average price of maleic anhydride by hydrogenation of benzene remained around 8433.33 yuan / ton, up 2.43% from the beginning of the week and down 0.78% from the same period last month.
On January 22, the maleic anhydride commodity index was 79.44, unchanged from yesterday, down 35.76% from the highest point of 123.67 in the cycle (December 26, 2017), and up 55.22% from the lowest point of 51.18 on April 14, 2020. (Note: period refers to the period from September 1, 2011 to now)
2、 Analysis of influencing factors
This week, the domestic market of phthalic maleic anhydride started low load operation, and some enterprises carried out preliminary orders. Under the influence of environmental protection and Spring Festival factors, the operation rate of unsaturated resin in the downstream is on the decline, and the resin market is mainly in demand. As of the 22nd, the amount of solid anhydride in Shandong is about 8100 yuan / ton, that in Jiangsu is about 8200 yuan / ton, that in Shanxi is about 8000 yuan / ton, that in Hebei is about 8000 yuan / ton, and that in South China is about 8200 yuan / ton.
On the upstream side, according to the data of business news agency’s block list, the price of pure benzene went down this week. On the 17th, the average price of pure benzene was 4506 yuan / ton; on the 24th, the average price of pure benzene was 4490 yuan / ton, down 16 yuan / ton or 0.36% from last week. The recent operating rate of hydrogenated benzene enterprises this week is about 60%. The market price of hydrogenated benzene in Shandong Province mainly fell, with 4175 yuan / ton on the 18th and 4350 yuan / ton on the 22nd, down 175 yuan / ton. The price of n-butane dropped from a high level.
3、 Future forecast
Business community maleic anhydride product analysts believe that there is a strong wait-and-see sentiment in the maleic anhydride market. The downstream resin is mainly purchased, and the terminal demand is low. There is a strong wait-and-see sentiment. Moreover, due to the impact of the epidemic, the logistics is limited, and the price is expected to be sorted out in a short time.
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