According to the Commodity Analysis System of Business Society, the domestic tetrahydrofuran market price slightly increased in September. The average price of mainstream tetrahydrofuran market in China increased from 12975.00 yuan/ton at the beginning of the month to 13200.00 yuan/ton at the end of the month, an increase of 1.73%, and the price at the end of the month decreased by 25.00% year-on-year.

From the supply side perspective, the prices of mainstream domestic tetrahydrofuran distributors have slightly increased this month, with average inventory levels.

From a cost perspective, the market price of maleic anhydride increased significantly in September, with the price rising from 7220 yuan/ton at the beginning of the month to 8579.80 yuan/ton at the end of the month, an increase of 18.83%. The price at the end of the month increased by 1.66% year-on-year. The upstream raw material market prices have significantly increased, with good cost support. Affected by the supply and demand side, it has a positive impact on the price of tetrahydrofuran.

From the demand side, the spandex market price slightly increased in September. The price of spandex increased from 34000.00 yuan/ton at the beginning of the month to 34250.00 yuan/ton at the end of the month, an increase of 0.74%, and the price at the end of the month decreased by 2.14% year-on-year. Downstream spandex market prices have slightly increased, and downstream customers are actively purchasing tetrahydrofuran.

Looking at the future market: In mid to early October, the domestic tetrahydrofuran market may experience slight fluctuations and gains. The upstream maleic anhydride market has seen a significant increase, with good cost support. The downstream spandex market has slightly increased, and downstream demand has increased. Business Society tetrahydrofuran analysts believe that in the short term, the domestic tetrahydrofuran market may fluctuate slightly and rise mainly due to various factors such as supply and demand and raw materials.