US July MA rolls over despite slight tightening

摘要

HOUSTON (ICIS)--US July maleic anhydride (MA) contracts rolled over on Tuesday despite some increased supply tightness and higher feedstock costs. Sources said the rollover keeps prices at 73.7-79.7 cents/lb ($1,625-1,757/tonne) on an FOB (free on board) basis for molten material. The supply tightness stemmed from a planned maintenance outage at Ashland's Neal plant in West Virginia and an ongoing shutdown at LANXESS' facility in Baytown, Texas.