Free Maleic Acid Prices Trend and Forecast New York
- Location: New York, New York, NY, United States
In North America, Maleic Acid market experienced an upward rally during the third quarter of 2021. The Maleic Acid prices remained firm throughout the quarter backed by the tight supplies of upstream Maleic Anhydride and the robust demand from the downstream sectors. Moreover, in the mid of the quarter most of production plants along with oil and gas refineries and production facilities remained shut for around two weeks as a repercussion of Ida hurricane. It consequently impacted the supplies of upstream Benzene and led to the increment in the values of feedstock Maleic Anhydride. Hence, Maleic Acid Prices shot up in this quarter supported by the feedstock pricing trend.
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