The MA Price Trend is an important topic for people involved in chemicals, resins, coatings, and industrial manufacturing. Maleic Anhydride, often called MA, is widely used in making unsaturated polyester resins, chemical intermediates, additives, and agricultural products. Because it connects many industries, changes in its price often reflect broader trends in industrial demand and market confidence.
During the third quarter of 2025, the global Maleic Anhydride market moved into a clear downward phase. Prices softened across most regions as demand weakened and inventories stayed high. Buyers became cautious, suppliers adjusted offers, and overall trading activity slowed. The MA price trend during this period reflected a market trying to balance steady supply with reduced consumption.
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Global Market Overview in Q3 2025
In Q3 2025, the global Maleic Anhydride market experienced a broad price decline. This trend was mainly driven by lower demand from key end-use sectors, especially unsaturated polyester resins and chemical intermediates. These sectors reduced production due to slower downstream consumption, which directly affected MA demand.
At the same time, inventories remained ample in many regions. When stock levels are high and demand is weak, prices naturally come under pressure. Buyers did not feel urgency to purchase, which reduced spot market activity. This situation strongly shaped the MA price trend across global markets.
Competitive import offers also played a role. In several regions, imported material was available at attractive prices, forcing local producers to lower their offers. This added further pressure on pricing and limited any chance of recovery during the quarter.
Cautious Buying Behavior and Market Sentiment
One of the key features of the MA market in Q3 2025 was cautious procurement. Manufacturers bought only what was necessary for immediate use. Instead of stocking up, they focused on managing inventory carefully.
This cautious approach was driven by weak end-use demand and uncertainty about future consumption. When buyers expect prices to remain soft, they delay purchases. This behavior itself reinforces the downward MA price trend.
Market sentiment stayed weak but stable. There was no panic selling, but there was also no optimism. Buyers and sellers both adjusted to a slower market pace.
MA Price Trend in Asia
Asia was one of the regions most affected by the softening market. Key markets across South Asia, East Asia, and Southeast Asia saw noticeable price declines during Q3 2025.
Supply remained steady, with no major production disruptions. At the same time, downstream consumption stayed cautious. Resin producers operated at moderate rates, limiting their need for fresh raw materials.
As a result, the MA price trend in Asia moved downward throughout the quarter. Sellers reduced prices gradually to stimulate demand, but buying interest remained limited.
Competitive imports added to the pressure. Buyers compared offers from different sources and chose lower-priced material, forcing sellers to stay flexible on pricing.
European Market Conditions
In Europe, Maleic Anhydride prices also moved lower during Q3 2025. Demand from resin and chemical sectors weakened, and inventories began to build up.
European producers faced reduced buying interest and slower order flows. To manage oversupply, some producers adjusted production rates. This step helped control inventory growth but did not immediately support prices.
The MA price trend in Europe reflected a mature market reacting to slower industrial activity. Buyers focused on cost control, while sellers aimed to maintain balance rather than push volumes aggressively.
North American Market Sentiment
North American markets showed similar conditions during the quarter. Trade activity slowed, and industrial demand remained muted.
Manufacturers in the region reduced procurement as end-use consumption softened. This led to fewer spot deals and stable-to-lower pricing.
The MA price trend in North America remained under pressure, though declines were generally controlled. Balanced supply and cautious demand kept prices from falling sharply, but recovery remained out of reach.
South American Market Shows Slight Improvement
Unlike other regions, South America showed slight improvement during Q3 2025. Demand from the resin sector remained relatively firmer compared to other markets.
This provided some support to Maleic Anhydride prices, even though global sentiment was weak. However, the improvement was modest and did not reverse the broader global trend.
The MA price trend in South America highlighted how regional demand differences can influence local markets, even during a global downturn.
Focus on Indiaβs MA Market
India experienced a notable decline in Maleic Anhydride prices during Q3 2025. Domestic demand from resin producers moderated as inventories stayed high and end-use consumption slowed.
Ex-Kandla prices fell into the range of USD 930β1000 per metric ton, marking a quarterly decline of around 9.58%. This reflected weak buying interest and competitive import offers.
In September 2025, prices declined further by about 3.21% compared to August. This confirmed the ongoing weak sentiment in the market.
Similarly, Ex-West India prices ranged between USD 970β1100 per metric ton, showing a quarterly drop of around 9.21%. These declines reflected cautious procurement strategies and reduced trade volumes.
The MA price trend in India was strongly influenced by ample supply, subdued resin demand, and pressure from imported material.
Role of Imports and Competition
Competitive imports played a major role in shaping the MA price trend during Q3 2025. Imported material offered at lower prices forced domestic producers to adjust their pricing strategies.
Buyers took advantage of multiple supply options, which increased competition among sellers. This environment favored buyers and kept prices under pressure.
From general market experience, such phases often occur when global supply is sufficient and demand growth slows.
Freight and Logistics Impact
Freight conditions remained stable during the quarter. While stable logistics helped maintain supply flow, they did not offer support to prices.
In some cases, smooth freight availability made it easier for imports to enter local markets, adding further competition. As a result, freight stability had a neutral to slightly negative impact on the MA price trend.
Market Outlook and Industry Experience
Looking ahead, the Maleic Anhydride market is expected to remain cautious. Unless demand from resin and chemical sectors improves, prices may continue to face pressure.
Producers are likely to focus on inventory control and production planning. Buyers are expected to remain cautious, purchasing based on real needs rather than speculation.
From an industry experience point of view, the current MA price trend represents a typical correction phase. Such phases help restore balance and prepare the market for future recovery.
Conclusion
In summary, the MA Price Trend during Q3 2025 showed a clear downward direction across most global regions. Weak demand from unsaturated polyester resin and chemical sectors, ample inventories, and competitive imports weighed heavily on prices. Asia, Europe, and North America experienced softness, while South America showed slight improvement.
In India, Maleic Anhydride prices declined sharply due to cautious buying, high stocks, and import pressure. Stable freight conditions provided little relief, and market sentiment remained restrained.
Overall, the MA price trend during this period reflected a market adjusting to slower demand and focusing on balance rather than growth.
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About Price-Watch AI
Price-Watch AI is an 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.
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