1. the price trendOn August 30, the maleic anhydride commodity index was 65.31, which was the same from yesterday. It was 47.19% lower than the cyclical peak of 123.67 points (2017-12-26), and 16.27% higher than the lowest point of 56.17 on February 16, 2016. (Note: Period refers to 2011-09-01 to date)

　　2. Analysis of Influencing FactorsProduct: Maleic anhydride market continued to rise this week. Most of the major domestic maleic anhydride plants are operating normally, and domestic supply of maleic anhydride is sufficient. Downstream enterprises and traders have low inquiry intentions, mainly to maintain on-demand procurement, and market transactions are general.Industry chain: International crude oil rose sharply this week, which has supported the energy market. The overall market of unsaturated resin is rising, but the terminal demand is general, and due to environmental factors, the start-up rate is low, and the demand for maleic anhydride is general. Benzene loss has been alleviated. According to the monitoring of SunSirs, the domestic stock of pure benzene is relatively small, and Korean plant overhaul and European overhaul are not yet over. Global supply is tight, boosting the market. The price of pure benzene is￥5200-5300/ton. Domestic hydrobenzene market operates steadily. The price of n-butane is running at a low level, the market is well supplied, and the profit of n-butane process has rebounded.Industry: According to the price monitoring of SunSirs, in the 34th week (8.26-8.30) of 2019, there were 25 kinds of commodities on the rise and fall list of commodity prices in the chemical sector, including one commodity with an increase of more than 5%, which accounted for 1.2% of the monitored commodities in the sector; the first three commodities were hydrogen peroxide (14.68%), acetic acid (2.88%) and maleic anhydride (2.46%). There were 23 kinds of commodities with a decrease in the chain, and 3 products with a drop of more than 5%, accounting for 3.6% of the monitored products in the sector; the top 3 products were dichloromethane (-13.33%) and chloroform ( -7.69%), sulfur (-7.14%). This week's average price increase was -0.05%.

　　3.Market outlookAnalysts of maleic anhydride products in the chemical industry branch of SunSirs believe that: At present, there is no inventory pressure on maleic anhydride manufacturers, and the loss of benzene method has eased. At present, the downstream resin has rebounded, and the market for maleic anhydride will rise in the short term.