Procurement Resource

  In Asia for Q1 2023, maleic acid prices rose due to increased feedstock maleic anhydride costs and disrupted supply chains. The Lunar New Year holiday and growing intercontinental demand further supported the trend. However, Q2 saw a sharp price decline due to economic fluctuations and decreased end-user demand, coupled with constrained supply. In Europe, Q1 and Q2 experienced consistent maleic acid price declines attributed to lowered feedstock costs, rising inflation, and energy expenses impacting industrial outlook. Labor strikes and logistical disruptions also contributed to the price dip. Similarly, North America's maleic acid prices dropped due to weak operational rates, interrupted supply chains, financial crises, and inadequate upstream sector support in both quarters. Request for Real-Time Maleic Acid Prices: https://www.procurementresource.com/resource-center/maleic-acid-price-trends/pricerequest Definition Maleic acid is a dicarboxylic organic compound with the chemic...