August 11 news
According to the Spotcom AI assistant, the recent Chinese maleic anhydride market first maintained a weak consolidation and then saw a slight increase. From August 5-7, the market in Jiangsu and Shandong regions was weak, with a strong wait-and-see sentiment among market participants. On August 10, the market in both regions showed a slight increase, with new orders stabilizing and improving. The mean difference indicator shows that the current market is in a weak rebound with a bearish oscillation signal. Prices are in the high range for the 60-day, 3-month, and 1-year periods, indicating limited upside potential. Subsequently, it is necessary to closely monitor the fluctuations in upstream raw material prices and the release of downstream demand.
I. Recent Spot Price Fluctuations
August 5: In the Jiangsu region, the maleic anhydride market showed a weak consolidation, with solid anhydride factory prices around 7,500-7,700 CNY/ton and liquid anhydride factory prices also around 7,500-7,700 CNY/ton, with a strong wait-and-see sentiment in the market. In the Shandong region, the maleic anhydride market also showed a weak consolidation, with solid anhydride factory prices operating around 7,500-7,700 CNY/ton and liquid anhydride factory prices operating around 7,200-7,400 CNY/ton, with a strong wait-and-see sentiment in the market.
August 6: The maleic anhydride market in Jiangsu is experiencing a downward trend. The factory price for solid maleic anhydride is around 7,300–7,400 CNY per ton, while the factory price for liquid maleic anhydride is approximately 7,400–7,500 CNY per ton. Market sentiment remains largely cautious and wait-and-see. In Shandong, the maleic anhydride market is also trending downward. The factory price for solid maleic anhydride is hovering around 7,300–7,700 CNY per ton, and the factory price for liquid maleic anhydride is around 7,100–7,200 CNY per ton. Market sentiment remains strongly cautious and wait-and-see.
August 7: The maleic anhydride market in Jiangsu remained weak and stable. The factory price for solid maleic anhydride was around 7,200–7,600 CNY per ton, while the factory price for liquid maleic anhydride was approximately 7,300–7,500 CNY per ton; market transactions were moderate. In Shandong, the maleic anhydride market also remained weak and stable. The factory price for solid maleic anhydride hovered around 7,200–7,600 CNY per ton, and the factory price for liquid maleic anhydride was around 7,000–7,100 CNY per ton; market transactions were generally moderate.
August 10: The maleic anhydride market in Jiangsu saw a slight increase in prices. The factory price for solid maleic anhydride was around 7,200–7,700 CNY per ton, while the factory price for liquid maleic anhydride was approximately 7,400–7,500 CNY per ton; new transactions showed stable-to-increasing trends. In Shandong, the maleic anhydride market also experienced a slight price rise. The factory price for solid maleic anhydride remained around 7,200–7,700 CNY per ton, and the factory price for liquid maleic anhydride hovered near 7,200 CNY per ton; new transactions showed stable-to-increasing trends.
II. Analysis of the Mean Difference Index
Instructions for Calculating the Mean Difference
5-day average difference (D5) = Today’s price – 5-day average; 10-day average difference (D10) = 5-day average – 10-day average; 20-day average difference (D20) = 10-day average – 20-day average.
Difference Table of Means
Difference type 2026-08-10 value 2026-08-09 value direction of change
5-day average deviation (current price - 5-day average) 0.00 -15.00 +
10-day average difference (5-day average - 10-day average) -47.50 -45.00 -
20-day moving average difference (10-day moving average - 20-day moving average) -22.50 7.50 -
Signal Status and Trend Analysis
The current signal indicates a weak rebound (bearish bias), corresponding to the following symbol combination: (+, -, -). The price trend is classified as ranging. Reason: The three moving averages showed inconsistent directions of change compared to the previous day. The 5-day moving average narrowed from -15.00 to 0.00 (direction: +); the 10-day moving average widened from -45.00 to -47.50 (direction: -); and the 20-day moving average reversed from 7.50 to -22.50 (direction: -). Although the market has experienced a slight rebound, it lacks sustained driving force, leaving the overall market in a range-bound, bearish state.
III. Price, Location, and Spatial Reference
Maleic anhydride prices are at a 60-day, 3-month, and 1-year high in China, with limited room for further increases and some pressure for adjustment.
IV. Trend Chart Display
Five, Industrial Chain Linkage
Upstream related products: hydrogenated benzene, n-butane, coke benzene, liquefied gas, pure benzene;
Downstream related products: Polyaspartic acid, tetrahydrophthalic anhydride, succinic acid, tartaric acid, gamma-butyrolactone, unsaturated polyester resins, tetrahydrofuran, 1,4-butanediol
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
