October 13th, according to reports
According to the SpotCom AI assistant, as of October 12, 2026, the Chinese maleic anhydride spot market has seen consecutive days of increases in factory prices. The mean difference model monitoring shows that the current maleic anhydride price is in a clear upward trend and has reached a high point in the nearly 1-year cycle. The strong prices of upstream raw materials such as benzene, liquefied gas, and n-butane provide significant cost support. The high operation of downstream products like tetrahydrofuran and 1,4-butanediol also provides good demand support for maleic anhydride. However, there is a need to be cautious of the limited upside potential at these high levels, which could lead to a risk of a pullback.
Post-correction analysis content
I. Table of Finite Differences
| Mean Difference Indicator | Value on October 12, 2026 | Value on October 11, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 160.00 | 10.00 | + |
| 10-Day Mean Difference (D10) | 45.00 | 20.00 | + |
| 20-Day Mean Difference (D20) | 72.50 | 70.00 | + |
II. Signal State Determination
The current average difference signal is a clear upward signal.
III. Conclusions on Trend Directions
The current trend in maleic anhydride prices is clearly upward. The rationale for this judgment is that the 5-day, 10-day, and 20-day average differences compared to the previous day are all positive, and their directions of change are completely consistent, meeting the criteria for a clear upward trend as defined by the average difference method. Additionally, at the spot market level, since October 8, the factory prices of solid and liquid maleic anhydride in Jiangsu and Shandong regions have been continuously increasing. The rising prices of raw materials such as n-butane and liquefied gas have provided strong support to the cost side, and downstream demand has followed well, collectively supporting the upward trend in maleic anhydride prices.
IV. Positional Spatial Reference
Maleic anhydride 60-day, 3-month, and 1-year cycle prices are all at high levels, corresponding to the 5th tier in a 5-tier price classification. The room for further increases is limited, and the risk of a decline from these high levels should be guarded against.
V. Price Trend Chart for the Past Year
VI. Upstream and Downstream References
Main upstream commodities for maleic anhydride: hydrogenated benzene, n-butane, coker benzene, liquefied petroleum gas, and pure benzene.
Major downstream products of maleic anhydride include: polyaspartic acid, tetrahydrophthalic anhydride, succinic acid, gamma-butyrolactone, unsaturated polyester resins, tetrahydrofuran, and 1,4-butanediol.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
