Maleic Anhydride Prices spikes up in the global market
31/03/2022 Other Services
Price: 10017.00 ₹
Description
The price of Maleic Anhydride has risen due to a combination of tight supply and ongoing logistical challenges. Maleic Anhydride's rising cost significantly impacts the downstream UPR's (Unsaturated Polyester Resins) stocking sentiment. The supply situation of the Maleic Anhydride market continues to fuel the significant rise, bringing the price severely near to the record high.
From the standpoint of Maleic Anhydride trends in the first quarter of 2022, prices have constantly seen upward trends because of the low availability. Furthermore, the feedstock Benzene and upstream Crude oil quotations have remained unchanged at higher levels.
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