MDI market remains depressed

The domestic aggregate MDI market continued to be depressed, rebounded slightly in a narrow range over the weekend, but the overall atmosphere was depressed. At the beginning of the week, the weekly guideline price of Shanghai factory was reduced by 500 yuan to 18000 yuan / ton, aggravating the bearish mentality of the industry. In the middle of the week, some production enterprises released the news of stabilizing the market and aggregated MDI market prices to stop falling and rebound. The terminal just needs customer inquiry and purchase, and the market focus moves upward. Near the end of the year, both supply and demand are weak, and the mentality of operators is more divergent.

gamma polyglutamic acid agriculture grade

 

According to the sample data monitored by the business community, from December 3 to December 10, the market price of domestic aggregated MDI fell from 19060 yuan / ton to 18720 yuan / ton, with a price decrease of 1.78% during the cycle, a price decrease of 7.10% month on month and a year-on-year increase of 4.73%.

 

Summary of domestic aggregate MDI market as of December 10:

 

Region, Wanhua goods, Shanghai goods

North China and Shandong 19000 yuan / ton 18300-18500 yuan / ton

East China 19000 yuan / ton 18400-18500 yuan / ton

South China 19000 yuan / ton 18400-18500 yuan / ton

 

Raw material pure benzene: the price of pure benzene fluctuated and strengthened. During the cycle, crude oil and styrene rose, while pure benzene rose with shocks. The market was cautious, the buying was light, and the increase of pure benzene was lower than that of upstream and downstream products.

 

Gamma Polyglutamic Acid

Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of business society:

 

Aniline: the domestic aniline Market is finishing downward. Pure benzene is weak, the cost side is weak, and the inventory raw materials are preferentially consumed in the downstream. The on-site buying gas is light, and the inventory of aniline factory is accumulated.

 

Comparison chart of aniline (upstream raw material) – polymerized MDI price trend of business society:

 

In terms of enterprises, Yantai Wanhua 1.1 million T / a plant operates normally; Ningbo Wanhua 1.5 million T / a plant phase I stopped on November 27 for 45 days; Phase II will stop on December 11 for 45 days. The 600000 T / a unit of Shanghai keschuang operates normally; The 380000 T / a unit of Shanghai Huntsman operates normally; Shanghai BASF 220000 T / a unit operates normally; Chongqing BASF 400000 T / a unit operates normally, and East Cao Ruian 80000 T / a unit operates normally.

 

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market is depressed and mainly sorted out.

http://www.gammapolyglutamicacid.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>