September 16th, news:
According to the Spotcom AI assistant, after a series of increases, the Chinese maleic anhydride market entered a high-level consolidation phase on September 15th. The factory prices of solid anhydride in the main regions generally stabilized in the range of 8,900-9,500 CNY per ton. Using the average difference method, it is calculated that the current maleic anhydride price is in a strong consolidation (bullish) fluctuation pattern and has reached a high level in nearly one year. The room for further increases is relatively limited, and close attention should be paid to the fluctuations in upstream raw materials and the follow-up of downstream demand.
I. Data Description
The latest available data is up to September 15, 2026. It is recommended to refer to real-time data.
II. Table of Mean Difference Changes
| Mean Difference Indicator | Value as of September 15, 2026 (CNY/ton) | Value as of September 14, 2026 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 317.5 | 480.0 | - |
| 10-day Mean Difference (D10) | 381.25 | 346.25 | + |
| 20-day Mean Difference (D20) | 301.87 | 239.37 | + |
III. Signal Status and Trend Analysis
Signal Status: Strong Consolidation (Bullish)
Trend direction conclusion: Consolidation. Reason: The change directions of the three averages compared to the previous day are (-, +, +), and the change directions are not entirely consistent, which is in line with the characteristics of a strong consolidation (bullish) signal in a consolidation zone. There is no clear unilateral upward or downward trend in the short term, and the overall trend is relatively strong.
IV. Reference for Price Levels and Upside/Downside Potential
Maleic anhydride prices are in the 5th tier (high) of the nearly 1-year cycle in China, with limited room for further increases, and there is a need to be cautious about the risk of a pullback from these high levels.
V. Recent Market Performance Review
From September 10 to 14, the maleic anhydride market in Shandong and Jiangsu regions of China continued to rise. The factory price of solid anhydride increased by 300-500 CNY/ton, and the factory price of liquid anhydride increased by 300-800 CNY/ton. The successive price increases from major factories supported the market trend. On September 15, the market entered a consolidation phase, with stable quotes from major factories. In the Shandong region, the factory price of solid anhydride was 8900-9500 CNY/ton, and the liquid anhydride was 8900-9100 CNY/ton. In the Jiangsu region, the factory price of solid anhydride was 8900-9500 CNY/ton, and the liquid anhydride was 9300-9400 CNY/ton.
6. Price Trend Chart for the Past Year
VII. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
