The Maleic Anhydride Price Trend in Q3 2025 clearly showed a downward direction across most global markets. Instead of sharp movements or sudden disruptions, prices gradually softened quarter by quarter. This trend reflected a market that was not facing supply shortages, but rather dealing with weak demand, comfortable inventory levels, and cautious buying behavior from downstream industries.

Maleic Anhydride is widely used in unsaturated polyester resins, coatings, chemical intermediates, and construction-related applications. Because of this wide usage, its price often moves in line with broader industrial activity. In Q3 2025, many of these downstream sectors slowed down, which directly affected buying interest and pricing sentiment.

Across regions, producers and traders noticed a common pattern: buyers were purchasing only what was necessary, avoiding bulk stocking, and waiting for clearer demand signals. This cautious approach shaped the Maleic Anhydride Price Trend during the quarter.

Global Market Overview

At the global level, the Maleic Anhydride prices market experienced steady supply with no major production disruptions. Plants across Asia, Europe, and North America continued operating at manageable rates, ensuring that material availability remained high. At the same time, demand from resin and chemical intermediate industries weakened due to slower construction activity, moderate manufacturing output, and conservative spending by end users.

Because supply was readily available and demand was not strong enough to absorb it quickly, inventories started building up in several regions. Competitive import offers added further pressure, especially in price-sensitive markets. Freight conditions stayed stable during the quarter, offering little support for prices to recover.

As a result, the overall Maleic Anhydride Price Trend stayed soft, with producers focusing more on balancing inventories than pushing prices upward.

Please Submit Your Query For Maleic Anhydride Price Trend, Market Analysis and Forecast: https://www.price-watch.ai/book-a-demo/

Maleic Anhydride Price Trend in Asia

Asia played a major role in shaping the global Maleic Anhydride Price Trend in Q3 2025. Key markets across South Asia, East Asia, and Southeast Asia experienced noticeable price softness throughout the quarter.

Demand from unsaturated polyester resin producers remained subdued, as construction and infrastructure projects progressed slowly in several countries. Chemical intermediates also saw moderate offtake, leading buyers to adopt a wait-and-watch approach.

With steady local production and continuous import flows, supply remained more than sufficient. This combination of ample availability and cautious downstream consumption led to weaker pricing across Asian markets. Sellers often had to offer discounts or flexible payment terms to attract buyers, further contributing to the downward trend.

India: Domestic Market Performance

In India, the Maleic Anhydride Price Trend during Q3 2025 moved clearly downward. Domestic prices declined notably as resin producers reduced procurement volumes. Many buyers had sufficient stocks and saw no urgency to purchase aggressively.

Ex-Kandla prices fell into the range of USD 930–1000 per metric ton, marking a quarterly decline of around 9.58%. This drop reflected both weaker demand and competitive import offers that pressured local suppliers. In September 2025 alone, prices declined by more than 3% compared to the previous month, highlighting continued soft sentiment.

Similarly, Ex-West India prices ranged between USD 970–1100 per metric ton, showing a quarterly fall of about 9.21%. Market participants pointed to cautious buying behavior, slower trade volumes, and limited downstream consumption as the main reasons behind this decline.

Manufacturers focused on clearing existing inventories rather than increasing production, which helped prevent a sharper fall but was not enough to reverse the overall Maleic Anhydride Price Trend in India.

China: Export Market Situation

China’s export market also reflected a weakening Maleic Anhydride Price Trend in Q3 2025. Demand from polyester resin and chemical intermediate sectors remained soft, both domestically and in overseas markets.

FOB Qingdao prices ranged between USD 720–780 per metric ton, representing a quarterly decline of around 9%. This price movement mirrored the broader Asian trend, where supply continued to outpace demand.

By September 2025, prices showed a slight month-on-month decline, indicating that buyers were still hesitant to commit to large purchases. Ample local supply and inventory build-ups pushed producers to adjust operating rates to avoid excessive stock accumulation.

Chinese suppliers faced stiff competition in export markets, often needing to offer attractive pricing to secure orders. This further reinforced the downward Maleic Anhydride Price Trend during the quarter.

Europe: Oversupply and Production Adjustments

In Europe, the Maleic Anhydride market faced reduced buying interest throughout Q3 2025. Industrial demand remained sluggish as manufacturing activity slowed and energy-related cost concerns continued to influence procurement decisions.

Producers experienced inventory build-ups due to lower offtake from resin and chemical sectors. To manage oversupply, several manufacturers adjusted production rates and focused on inventory control rather than output expansion.

Despite these efforts, prices continued to face pressure due to limited demand growth and sufficient supply. Import competition also added to the challenge, keeping the Maleic Anhydride Price Trend weak across the region.

North America: Muted Industrial Activity

North American markets followed a similar pattern in Q3 2025. The Maleic Anhydride Price Trend remained soft due to slower trade activity and muted industrial demand.

Downstream industries operated cautiously, with buyers limiting purchases to immediate needs. Supply conditions remained stable, and producers did not face major logistical or feedstock issues that could support price increases.

As a result, prices moved gradually lower, reflecting a balanced but quiet market environment.

South America: Slight Improvement

Unlike other regions, South American markets showed slight improvement during the quarter. Firmer activity in the resin sector provided some support to Maleic Anhydride demand, helping prices stabilize compared to other regions.

However, this improvement was modest and not strong enough to change the global Maleic Anhydride Price Trend. The region still remained influenced by global supply dynamics and cautious sentiment.

Market Outlook

Looking ahead, the Maleic Anhydride Price Trend entering the next quarter is expected to remain cautious. While production discipline and inventory management may help prevent sharp declines, a strong recovery will likely depend on improved downstream demand.

Construction activity, resin consumption, and overall industrial confidence will play key roles in shaping future price movements. Until these sectors show clear signs of recovery, the market is expected to remain balanced but subdued.

Conclusion

The Maleic Anhydride Price Trend in Q3 2025 reflected a market shaped by steady supply, weak demand, and cautious buying behavior. Across Asia, Europe, North America, and beyond, prices moved downward as producers focused on managing inventories rather than expanding sales.

India and China experienced notable price declines, driven by moderated resin demand and competitive offers. Europe and North America followed similar patterns, while South America showed limited improvement. Overall, the quarter highlighted how closely Maleic Anhydride prices are linked to broader industrial activity and market sentiment.

As the market moves forward, participants remain watchful, prioritizing balance and flexibility in a still uncertain demand environment.

About Price Watch™ AI

Price-Watch AI is an India-based, independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price-Watch AI specializes in tracking raw material prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. The Price-Watch AI platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. Leveraging AI-powered forecasting and over a decade of historical data, Price-Watch AI transforms market volatility into actionable opportunity.

Futura Tech Park,
C Block, 8th floor 334,
Old Mahabalipuram Road,
Sholinganallur, Chennai, Tamil Nadu, Pincode - 600119.
𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧: https://www.linkedin.com/company/price-watch-ai/
𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/people//61568490385598/
𝐓𝐰𝐢𝐭𝐭𝐞𝐫: https://x.com/pricewatchai
𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://www.price-watch.ai/