1、 Price trend
According to the price monitoring of the business agency, as of February 18, the average price of domestic aggregate MDI market was 13150 yuan / ton, up 1.15% month on month, down 1.13% year on year. The overall market was calm.
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2、 Market analysis
Product: the aggregate MDI market is sparsely traded, and the market price is in a weak range of volatility. The market has learned that the logistics situation in the north is gradually recovering, but the downstream return rate is not high, and the overall demand for goods is still many. There is no clear guidance message from the supplier’s factory for the moment, and the overall attitude is still stable; most of the traders are on the lookout, and some of the traders in the northern region have a positive phenomenon of low price shipment.
In terms of market, North China aggregated the weak points of MDI. There is no clear guidance message from the supplier’s manufacturers and no positive sign from the demand side. Traders wait on the market and wait for inquiries from downstream customers. There is little actual trading in the field. South China aggregate MDI market weakness consolidation. In terms of trade, logistics and delivery are limited, and the downstream of inquiry and purchase is rare. The industry is waiting to see the full resumption of work downstream. East China gathered the weak points of MDI market and waited for the market to open in an all-round way. The epidemic situation in East China is more serious, the market demand side is still not significantly improved, traders generally respond to the Limited Logistics and poor inquiry.
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Industry chain: in terms of raw materials, crude oil rose, pure benzene US gold plate strengthened, supporting market mentality. At present, the logistics and transportation have been improved, and a small amount of products have been shipped from the refineries. It is reported that Jiangsu customers are looking for goods from Shandong. Shandong pure benzene market is 5100-5200 yuan / ton, with a slight drop in the center of shipment, with a price of 5050 yuan / ton.
Aniline: insufficient follow-up of downstream purchase of aniline, general delivery of aniline factory, stable price, slow inventory removal. The main price of Shandong aniline is 7000 yuan / ton spot exchange, 7140 yuan / ton acceptance, and 6950 yuan / ton acceptance in East China market.
3、 Future forecast
Business Club view: Business Club aggregate MDI analysts expect that aggregate MDI market is mainly stable.
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