On December 16th, the market for maleic anhydride in Shandong Province saw a significant increase, with solid anhydride operating at a factory price of around 7,000 RMB/ton and liquid anhydride operating at a factory price of around 6,700 RMB/ton. Last weekend, the Yantai plant unexpectedly shut down, resulting in a decrease in market supply and a factory price increase of 1,000 RMB/ton.
On December 16th, the market for maleic anhydride in Jiangsu Province saw a significant increase, with a factory price of around 7,000 RMB/ton for solid anhydride and around 1,000 RMB/ton for liquid anhydride. Last weekend, the Yantai plant unexpectedly shut down, resulting in a decrease in market supply and a factory price increase of 1,000 RMB/ton.
On December 16th, the acetic acid market in South China remained stable, with a factory price of around 2,775 RMB/ton for self pickup. On December 13th, the price was raised by 50 RMB/ton. The market supply of goods was stable, factory inventory was not under pressure, and shipments were smooth. Downstream customers followed up on demand, and the trading atmosphere in the market was still good. The short-term acetic acid price market was running steadily.
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