MDI market downturn

After a sharp rise in February, the domestic aggregate MDI market has been going down since March. So far, the domestic aggregate MDI market has been in a downturn, with traders offering more and lower prices. As the end of the month approaches, mainstream manufacturers are mainly waiting to list prices next month. According to the sample data monitored by the business community, as of April 6, the domestic aggregate MDI market price was 19925 yuan / ton, with a month on month decrease of 19.56% and a year-on-year increase of 69.38%.

As of April 26, domestic aggregate MDI market summary:

Region, Wanhua goods, Shanghai goods

North China and Shandong About 19200-19300 yuan / ton About 18800-19000 yuan / ton

East China About 19300-19400 yuan / ton 18800-19000 yuan / ton

East China About 19300-19400 yuan / ton 18800-19000 yuan / ton

As of April 26, domestic aggregate MDI traders market summary:

enterprise ., Model, price

Linyi Jiashi International Trade Co., Ltd Wanhua materials 18600 yuan / ton

Linyi Jiashi International Trade Co., Ltd Shanghai Materials 18600 yuan / ton

Nanjing Tanqing Trading Co., Ltd Various models 19500 yuan / ton

Guangzhou Boshun Chemical Co., Ltd Wanhua materials 19500 yuan / ton

Guangzhou Boshun Chemical Co., Ltd Shanghai Materials 19500 yuan / ton

Shandong Bosu New Material Co., Ltd Wanhua materials 19300 yuan / ton

Shandong Bosu New Material Co., Ltd Shanghai Materials 19300 yuan / ton

The main reason for the current market downturn is still poor demand and lack of motivation. Domestic aggregate MDI market prices fell slightly. There are some low price sources in the market, which pull down the market price as a whole. The maintenance plan of Lianheng phase II unit in May has a certain boosting effect on the market, but the downstream demand expectation is not optimistic, and the short-term market is in a dilemma. Near the end of the month, we should wait for the monthly closing instructions of the factory.

In terms of enterprises, the guiding price of MDI for distributors is 22000 yuan / ton, which is stable on a month on month basis and is not assessed. Shanghai Lianheng MDI phase II unit is scheduled to be shut down for maintenance in mid May for about 32 days, and is expected to resume production on June 16. Yantai Wanhua polymerization MDI tight volume, this month to stop receiving orders.

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market is mainly in the doldrums.

POLYVINYL ALCOHOL