Domestic polymerization MDI market significantly declined

According to the monitoring of the Business Agency, the domestic aggregate MDI market has significantly declined. From March 17th to 24th, the domestic aggregate MDI market price fell from 16560 yuan/ton to 16160 yuan/ton, with a weekly price decrease of 2.42%, a year-on-year increase of 0.12% and a year-on-year decrease of 14.72%. The downstream demand side of polymerization MDI has poor purchasing power, insufficient tracking ability, and a strong negotiation atmosphere. Traders often lowered their quotations by around 200 yuan/ton in order to ship the goods on the order, but the results were not significant.

 

Sulfamic acid 

On the supply side, a factory in the north has no quotation for distribution channels and no assessment for MDI aggregation in the past three decades; A factory in Shanghai reported a stable price of 17200 yuan/ton for polymerization MDI this week, with discounted supply.

 

In terms of cost, raw material pure benzene: The domestic market price of pure benzene has increased slightly, and the output has decreased. Pure benzene has been warehoused in East China ports, and there are still maintenance plans for later supply devices, easing the pressure on domestic pure benzene supply. Raw material aniline: domestic aniline high level finishing. Downstream, after aniline rose to a high level, the mood for receiving goods slowed down, and purchasing was just in demand. The cost of aggregating MDI is mixed.

 

On the demand side, the follow-up efforts on the demand side have been poor. In addition to maintaining high orders from the main factories of refrigerators and freezers, overall downstream demand side buying has been poor, and short-term aggregate MDI demand side support is insufficient.

 

In the future, it is predicted that the maintenance of devices will gradually resume and the supply will increase, but the downstream demand will be favorable for a long time. The analyst of Business News Polymerization MDI predicts that the domestic polymerization MDI market is mainly subject to fluctuations and consolidation.

http://www.sulfamic-acid.com

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