According to the Commodity Market Analysis System of Shengyi Society, from August 4th to 8th, the domestic aggregated MDI market saw a slight increase, with an average price of 15650 yuan/ton at the beginning of the week and 15800 yuan/ton at the end of the week. The increase during the period was 0.96%, and the year-on-year decrease was 9.37%. During the week, the factory started operating steadily, and news of price increases was released. Intermediary quotes remained stable and pushed up, while downstream transactions were small and single occupancy was high. Under the supply-demand game, the market saw a slight increase.
On the supply side, the maintenance of the 80000 ton/year MDI plant in Dongcao Rui’an will begin on July 23rd and is expected to last for about 35 days.
In terms of cost, the recent fluctuations in raw materials such as pure benzene and aniline have limited impact on the polymerization of MDI.
On the demand side, downstream demand is average, the trading atmosphere is quiet, and transactions are mainly small orders.
In the future forecast, the current aggregated MDI market is supported by the willingness of suppliers to raise prices, and prices are tentatively pushed up. In the short term, there is little change in the supply and demand side, and it is expected that the resistance to the continued rise of the aggregated MDI market in the short term will increase, and the market will continue to consolidate and operate.