August 28 news
According to the SpotCom AI assistant, this daily report is compiled based on the latest maleic anhydride price data as of August 27, 2026. Using the mean difference method, it is determined that the current maleic anhydride price is in a stagnation warning (bearish) fluctuation trend. The 1-year cycle price is at a high level, with limited room for increase. Recently, the main production areas in China have been consolidating weakly, and downstream players are adopting a wait-and-see attitude. The following is a detailed analysis.
I. Table of Mean Difference Changes
| Average Difference Type | Value as of August 27, 2026 | Value as of August 26, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -70.00 | -75.00 | + |
| 10-day Average Difference (D10) | -20.00 | +2.50 | - |
| 20-day Average Difference (D20) | -47.50 | -55.00 | + |
Note: The latest available data currently dates up to August 27, 2026. It is recommended to refer to real-time data for the most up-to-date information.
II. Signal Status Determination
The current combination of changes in the three mean differences is (+, -, +), which matches the characteristics of a stagflation warning (bearish) signal.
III. Conclusion on Trend Direction
The current price trend is oscillating (with a bearish bias), reason: the direction of change in the three average differences from the previous day is not entirely consistent, failing to meet the criteria for a clear upward or downward trend, thus it falls within an oscillation range. Additionally, the signal combination points to a warning of stagnation, and the overall operational logic is bearish.
IV. Positional Spatial Reference
Maleic anhydride 60-day and 3-month cycle prices are at a mid-high level, and the 1-year cycle price is at a high level. According to the 5-tier position division, it belongs to the 5th tier, with limited room for further increases.
V. 1-Year Trend Chart Display
Six, Recent Market Dynamics
Spot Market: On August 27, the maleic anhydride market in China’s major producing regions continued its weak and consolidating trend. In Jiangsu, the factory price for solid maleic anhydride was 7,500–7,700 CNY/ton, while the factory price for liquid maleic anhydride was 7,200–7,300 CNY/ton. In Shandong, the factory price for solid maleic anhydride was 7,500–7,700 CNY/ton, and the factory price for liquid maleic anhydride was around 7,000 CNY/ton. Downstream demand remained cautious, resulting in sluggish trading activity.
Import and export data: In July 2026, China's maleic anhydride export volume was 14,200 tons, with the cumulative export volume from January to July reaching 183,100 tons. In July, the import volume was 79.461 tons, and the cumulative import volume from January to July reached 2,331.15 tons.
Regarding the industrial chain: The upstream of maleic anhydride mainly involves commodities such as hydrogenated benzene, n-butane, and pure benzene; the downstream primarily covers fields including unsaturated polyester resins, 1,4-butanediol, and tetrahydrofuran.
VII. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
