According to the price monitoring of the business agency, the domestic aggregate MDI market is in a stalemate and volatile situation. As of May 29, the average price of the domestic aggregate MDI market is 12350 yuan / ton, up 7.63% month on month, down 8.52% year on year.

This week, the MDI market was in a stalemate and volatile operation. Discussions were mainly negative, and the future mentality of the industry was different. Kostrong’s guidance price is stable this week without assessing the task volume; the guidance price of Ryanair factory is also stable with limited supply. The main factory continued to release favorable news, not receiving orders. This week coincides with the release of the new moon listing price and settlement price by the supplier manufacturers. Both upstream and downstream trading are cautious.

In terms of raw materials, pure benzene: the price of pure benzene rose this week. Due to the rise of crude oil, the center of gravity of East China pure benzene continued to push up, and the spot negotiation once rose to 3450-3530 yuan / ton. Sinopec raised the price by 150 yuan / ton to 3500 yuan / ton.

Aniline: the aniline Market is stable in the week. From the perspective of raw materials, Sinopec’s listing of pure benzene increased 150 yuan / ton to 3500 yuan / ton, and the bidding price of Jinling pure benzene was the same as that of last week. At present, the cost of aniline is hanging upside down, and the price is difficult to go down. After the restart of Tianji aniline plant, the market supply increased; and MDI factory released goods in the aniline Market, which just needs to be divided in China. Aniline market supply is sufficient, factory shipments are not smooth, high inventory. Under the pressure of high inventory, Jinling reduced the load by half. It is reported that Huatai also has the plan of reducing the negative control inventory, during which the aniline factory generally ships.

Downstream, spandex, at present, the spandex market is weak and stagnant, manufacturers start high, production capacity is not reduced, and shipping pressure is increased. The upstream raw material market is in shock and consolidation. Although pure MDI has an upward trend, it has limited support for spandex cost end. The end customer’s actual demand is not followed up much, and the order is less, so they take the goods as needed. The negotiation and transaction atmosphere is weak, and the overall market outlook atmosphere is strong. On the whole, the fundamentals are lack of substantial positive boost, and it is expected that spandex prices will be mainly weakly adjusted in the short term.

MDI analysts predict that the short-term domestic market price of aggregate MDI may continue to run in a stalemate range; if several suppliers have the same attitude, the market price may continue to be strong; if the suppliers have different business practices, the market price may inevitably decline.