Price Trend
According to the price monitoring of business associations, as of July 23, the average price of domestic aggregated MDI market was 12700 yuan/ton, which was 625 yuan/ton higher than the lowest price in a month (6.17), an increase of 5.18%, a decrease of 34.65% compared with the same period last year, and the overall market situation was relatively strong.
| barium chloride |
II. Market Analysis
Products: Domestic aggregated MDI market quotation is relatively strong, the focus of negotiation is difficult to move up. Towards the end of the month, traders are scarce in supply, reluctant to sell mainly, and the quotation is mainly increased. On the other hand, the downstream inquiries are still light, and it is difficult to improve in the short term. However, in view of the stringent control of the manufacturer’s goods and the obvious market intentions, with the gradual improvement of market demand, there is still room to explore the market price of aggregated MDI. Traders are now traveling with the shipment, cautiously watching the manufacturer’s price guidance and supply policy.
On the market side, the market price of aggregated MDI in South China is on the strong side. On-site supply is slightly tight. Towards the end of the month, the holders are reluctant to sell, and high prices are difficult to conclude transactions. The operators are cautious about the dynamics of the manufacturers. The market of aggregated MDI in East China is strong and the turnover is weak. There are not many goods in the yard, and the holders are reluctant to sell, but they just need small orders downstream. The aggregate MDI market in North China is shaking strongly. Supplier manufacturers control the market, near the end of the month, holders are reluctant to sell mainly, quotation is strong, but downstream inquiries are relatively light.
| barium chloride 98% |
Industry chain: raw materials, pure benzene: pure benzene US dollar plate continued to fall, suppressing market enthusiasm. The downstream is cautious in picking up goods, and the business holds a weak expectation of the future market. Aniline: Because the upstream raw material pure benzene US dollar plate falls unceasingly, the market mentality is cautious, in addition to Shandong Jinling pure benzene tender price stock falls expectations, and at present the downstream aniline factory parking restriction is more, the demand is weak, in the short term the aniline Market stable price shipment primarily.
3. Future Market Forecast
Business Cooperatives: Aggregate MDI market prices to break the multi-day stalemate, traders have a strong price mentality, there are good expectations for the future market. Business Association aggregate MDI analysts expect that the short-term domestic aggregate MDI market will remain strong.