August 25th News
According to the Spotcom AI assistant, on August 24, the overall maleic anhydride market in China maintained a consolidation trend, with the average difference indicator releasing a strong consolidation signal, and prices are in the high range of a 1-year cycle, with limited room for further increases. Currently, there is a strong wait-and-see sentiment in both upstream and downstream markets. The export volume in July was much higher than the import volume, and the overall market shows a pattern of high-level fluctuation and consolidation.
I. Table of Mean Difference Changes
| Average Difference Type | Today's Value (2026-08-24) | Yesterday's Value (2026-08-23) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference | -12.50 | 20.00 | - |
| 10-day Average Difference | 30.00 | 7.50 | + |
| 20-day Average Difference | -62.50 | -72.50 | + |
II. Signal State Determination
The current mean difference change direction combination is (－, ＋, ＋), which is a strong consolidation (bullish) signal.
III. Conclusion on Trend Direction
The price trend is oscillatory. Reason: The directions of the three mean differences are not entirely consistent; the 5-day mean difference has decreased compared to yesterday, while the 10-day and 20-day mean differences have increased, which is characteristic of a strong consolidation in an oscillatory market. At the same time, the maleic anhydride market in Shandong and Jiangsu provinces in China is consolidating, with downstream players mainly observing, and the market lacks clear drivers for a definitive rise or fall.
IV. Positional Spatial Reference
Prices are at the upper end of the 1-year cycle range, with limited room for further increases; the 60-day and 3-month cycles are in the mid-to-high range, indicating significant upward pressure on prices overall, while downside risks remain relatively manageable.
Five, Trend Chart Display
VI. Supplementary Market Updates
Regional Market Trends: As of August 24, in Shandong, the factory price for solid maleic anhydride is RMB 7,500–7,900 per ton, while that for liquid maleic anhydride is RMB 7,200–7,500 per ton. In Jiangsu, the price for solid maleic anhydride is RMB 7,500–7,900 per ton, and for liquid maleic anhydride it’s RMB 7,600–7,800 per ton. Downstream buyers remain cautious and adopt a wait-and-see attitude.
Import and export data: In July 2026, China's maleic anhydride export volume reached 14,200 tons, with cumulative exports from January to July totaling 183,100 tons. In July, the import volume was 79.461 tons, and the cumulative imports from January to July amounted to 2,331.15 tons. The export volume significantly exceeded the import volume, providing substantial support to the Chinese market from overseas demand.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
