October 9th News
According to the Spotcom AI assistant, on October 8, 2026, the market for maleic anhydride in major production areas such as Jiangsu and Shandong in China showed an upward trend. The main factories have raised their prices. Based on the average difference indicators and price percentile data, the current maleic anhydride is in a strong rebound and bullish state. However, the price is already at a high level within the past year, and the room for further increase is relatively limited. Below are the specific analysis details:
Core Analysis Content After Correction
I. Basic Spot Market Trends
On October 8, 2026, the maleic anhydride market in Jiangsu, China, saw an increase, with solid anhydride factory prices at 9,000-9,500 CNY/ton and liquid anhydride factory prices at 8,900-9,100 CNY/ton, and the main factories in the surrounding areas raised their prices. In Shandong, China, the maleic anhydride market also saw an increase, with solid anhydride factory prices at 9,000-9,500 CNY/ton and liquid anhydride factory prices at 8,500-8,800 CNY/ton, and the main factories slightly increased their prices.
The latest available data is up to October 8, 2026, and it is recommended to refer to real-time data.
II. Table of Finite Differences
| Mean Difference Indicator | Value as of October 8, 2026 (CNY/ton) | Value as of October 7, 2026 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 40 | 0 | + |
| 10-Day Mean Difference (D10) | 5 | 0 | + |
| 20-Day Mean Difference (D20) | 90 | 92.5 | - |
III. Signal State Determination
Three combinations of differences changing in the direction (+, +, -) belong to a strong rebound (bullish, rebound nature) signal.
IV. Conclusion on Trend Direction
The current trend in maleic anhydride prices is oscillatory with a bullish bias. The reason is that the changes in the three average differences from the previous day are not entirely consistent, which does not indicate a clear upward or downward trend. This aligns with the strong rebound and bullish characteristics of the oscillatory category (positive, positive, negative). Additionally, there is support from the increase in spot market quotes in the main production areas in China and the strong intention of factories to maintain prices, leading to a short-term bullish trend.
Five, Spatial Reference
Maleic anhydride 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high) range, with limited room for increase.
VI. 1-Year Trend Chart Display
VII. Risk Disclosure
The above analysis is for reference only and does not constitute trading advice.
