January 20th Ma Market Overview

[chemical] Finance recently, maleic anhydride market supply of goods is not much, many manufacturers closed at shipping talks tradeless main venue. Ma yesterday domestic price of 5962.5 yuan / ton (including tax), the price is stable.

From the overall operating rate remained at around 35%, N – butane operating rate remained at around 65%, while Jiangning chemical maleic anhydride plant maintenance, the yield reduction of maleic anhydride. In addition to the downstream factory operating rate is still difficult to recover, maintained at about 40%.

Overall, first of all, crude market in the doldrums, hardly improved, cost support lack of maleic anhydride; secondly, the downstream operating rate of 3 around, with the northern market into the winter, maleic anhydride demand will fall again; finally, the maleic anhydride manufacturers interested in limiting the amount insured, the factory stock is not much. Expected short-term price or will adhere to the operation of the main.

The dynamic part of the enterprise or area of maleic anhydride market in January 20th:

Jiangning chemical maleic anhydride production capacity of 80 thousand tons / year, parking maintenance, is expected to drive this month 29 days, factory price 5900 yuan / ton (including tax), sales and inventory.

Shandong maleic anhydride market mainstream discussion at 5400-5600 yuan / ton (including tax), the venue inquiry deserted, maleic anhydride plant operating rate remained at 6 percent, adequate supply.

Hebei maleic anhydride market mainstream discussion at 5300-5400 yuan / ton (including tax). The downstream plant demand stable, low capacity of maleic anhydride manufacturers, maintained at 2 percent, the main pin inside the old customers, supply of goods is not much.

Qixian Tengda maleic anhydride production capacity of 100 thousand tons / year, the operating rate of 4, factory price 5800 yuan / ton (including tax), turnover discount, adequate inventory.

East China maleic anhydride market mainstream discussion at 5600-5800 yuan / ton (including tax). At present, maleic anhydride in low load operation, lack of downstream manufacturers limited production price, purchasing power, the market was deserted.

Shanxi maleic anhydride market mainstream discussion at 5300-5400 yuan / ton (including tax), the factory operating rate remained at around 30%, downstream users operating rate of about 4 into, inside the talks deserted, kingpin contract households, not many manufacturers inventory.

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