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Updated to Q3 2018
The European maleic anhydride (MA) market saw improved availability compared to the first half of the year, with a largely balanced situation described in Q3. There was some summer maintenance scheduled and Asian material was limited for spot. Austria’s ESIM, Italy’s Polynt and Bosnia’s GIKIL all carried out turnarounds in August/September. Towards the end of the quarter, the market remained balanced, with little change expected pending any unplanned production issues.
The demand pattern for MA in the third quarter followed the usual trend. The peak summer holiday season saw consumption curtailed as many downstream users carried out maintenance at their plants at the end of July/August. September demand returned to a normal situation and most was covered under contract, with spot activity rather limited.
We offer the following regional Maleic anhydride analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe Maleic anhydride marketplace.
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Maleic anhydride (MA) is derived from butane in the US. In Europe and Asia, MA is derived predominantly from butane units, although a small amount is produced by benzene units.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
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