Price Trend

According to the price monitoring of business associations, as of January 23, the average price of domestic aggregated MDI market was 12900 yuan/ton, and the overall market was running smoothly.

II. Market Analysis

Products: Domestic aggregate MDI market is running steadily. North China and East China Wanhua negotiated 12800-13000 yuan/ton, Shanghai negotiated 12500 yuan/ton, South China Wanhua negotiated 12800 yuan/ton, and Shanghai negotiated 12500-12600 yuan/ton. Downstream delisting early, market inquiries weakened, and on-site offers were scarce.

On the market side, the aggregate MDI market in North China is running steadily. The downstream market is leaving the market one after another. The atmosphere of market inquiry has weakened obviously, and the intention of middlemen is not high. East China Polymerization MDI market is running steadily. Spot market is still tight, but the Spring Festival is approaching, the downstream is leaving, market inquiries are weak, middlemen are mainly stable price delivery, but the actual single-track is insufficient. South China Polymerization MDI market consolidation operation. The market atmosphere is strong, the downstream leaves the market ahead of schedule, and market inquiries are weak.

Industry chain: In terms of raw materials, East China aniline Market is weaker. Although Nanhua and Xinpu have limited market volume, the North has lowered the ex-factory offer, while East China has fallen positively and the focus of negotiations has fallen.

3. Future Market Forecast

Business Cooperative Viewpoint: On the positive side, the factory has a limited capacity, the market is very tight spot, and the overhaul and recovery device has a low load. On the bearish side, terminal demand is weak, and the enthusiasm of downstream and middlemen to hoard goods is weakened after price increases. Business Association aggregate MDI analysts expect that in the short term aggregate MDI market rise and fall dilemma, mainly stalemate.