January 22nd Ma Market Overview

[chemical] Gade Chemical Network Finance recently, the maleic anhydride prices steady turnover, trading remained deserted. By the recent crude oil prices continue to fall, the low cost of bad, maleic anhydride. January 20th crude settlement index for the 51.53, yesterday fell 0.58 points, representing the highest point period 132.08 (2013-01-28) fell 60.99% compared with December 22, 2014, the lowest point of 39.04 rose 31.99%. (Note: the cycle refers to 2011-09-01 so far).

At present, the cost of support is insufficient, while the downstream operating rate of unsaturated resin industry still maintained at 3 percent, not much demand for maleic anhydride. At present, the main manufacturers of maleic anhydride in low load operation, the expected price stalemate mainly smooth operation of maleic anhydride.

The dynamic part of the enterprise or area of maleic anhydride market in January 22nd:

Jiangning chemical maleic anhydride production capacity of 80 thousand tons / year, parking maintenance, is expected to drive this month 29 days, no 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 5500-5600 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 5200-5300 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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