August 27 news
According to the SpotCom AI assistant, as of August 26, 2026, the Chinese maleic anhydride market as a whole shows a weak consolidation trend. The average difference signal indicates that the current price is in a volatile and bearish pattern. The current price of maleic anhydride is at a high point in the 1-year cycle, with limited room for further increases. Downstream market wait-and-see sentiment is strong, coupled with slight price reductions from regional factories. In the short term, the price of maleic anhydride may continue to show a weak trend.
The most recent available data is up to August 26, 2026, and it is recommended to refer to real-time data.
I. Table of Mean Difference Changes
| Average Difference Type | Value as of August 26, 2026 | Value as of August 25, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -75.00 | -75.00 | Flat |
| 10-day Average Difference (D10) | 2.50 | 15.00 | - |
| 20-day Average Difference (D20) | -55.00 | -56.25 | + |
II. Signal State Determination
Currently, the directions of change in the three consecutive differences are not entirely consistent with the previous day’s trend, indicating a deep correction within a volatile pattern (bearish, corrective in nature).
Three, Conclusions on Trend Directions
The current price trend is oscillating (with a bearish bias), due to the fact that the directions of the three average differences are not fully aligned. The 10-day average difference has shown a significant decline compared to the previous day, while only the 20-day average difference has slightly increased. In the short term, there is a lack of support for sustained price increases, and the overall spot market in China is operating weakly.
IV. Positional Spatial Reference
60-day / 3-month cycle: Price is in the 4th tier (mid-to-high range).
1 year cycle: The price is at the 5th level (high), with limited room for increase, and there is a higher risk of subsequent correction.
Five, Display of Trend Chart
VI. Industry Fundamentals Reference
Import and export data: In July 2026, China's maleic anhydride export volume was 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 reached 2,331.15 tons. The export volume significantly exceeded the import volume, indicating that external demand is providing solid support for overall stability.
Regional Market Trends: As of August 26, the ex-factory price for solid maleic anhydride in Shandong was RMB 7,500–7,700 per ton, while the ex-factory price for liquid maleic anhydride was RMB 7,000–7,200 per ton. In Jiangsu, the ex-factory price for solid maleic anhydride was RMB 7,500–7,700 per ton, and for liquid maleic anhydride it was RMB 7,300–7,500 per ton. Prices have slightly decreased compared to last week. Downstream customers are adopting a wait-and-see attitude, resulting in sluggish trading activity.
Industry chain overview: Upstream raw materials include hydrogenated benzene, n-butane, and coking benzene. Downstream applications primarily involve unsaturated polyester resins, 1,4-butanediol, tetrahydrofuran, and other fields. Currently, downstream operating rates are relatively low, and procurement demand is weak.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
