Decline in Imports of Maleic Anhydride Raises its Domestic Price in India

Leading manufacturing companies in China failed to fulfill the demand of Maleic Anhydride, which in turn created a whirlpool of price hike in which every Indian consumer directly depending upon that product was driven into. Lower production levels coupled with strong demand in China has impacted the import of the product in India, whereby the domestic price of Maleic Anhydride increased by about. This shortage in domestic market is likely to persist over the next month.