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SunSirs: Early Prediction of Domestic Aggregate MDI Market on October 13

October 13 2020 13:20:56     SunSirs (John)

Yesterday (October 12) , the domestic aggregate MDI market continued to rise. According to the sample data monitored by the business agency, the current domestic aggregate MDI market price is 18,450 RMB/ton, a month-on-month increase of 10.98% and a year-on-year increase of 41.11%.

The device enters the maintenance season, and manufacturers and traders are willing to support the market. It is expected that the guidance prices of manufacturers will continue to rise this week. At present, the supply of goods is tight, foreign equipment is malfunctioning, and the supply of imported goods is restricted.

In terms of the market, the negotiation price of Wanhua PM200 in North China is about 18,800-19,500 RMB/ton; the negotiation price of Shanghai goods is about 18,500-19,000 RMB/ton; the main merchants of Wanhua PM200 in East China offer about 19,000-19,500 RMB/ton, Shanghai goods Merchants offer around 18,500-19,000 RMB/ton; Wanhua PM200 negotiating price in South China is around 18,800-19,500 RMB/ton; Shanghai goods merchant negotiating price is around 18,500-19,000 RMB/ton.

Looking at the market outlook, the current shipment situation of traders is good, and the market outlook is more bullish, and the situation of short supply for a while will continue. SunSirs’ aggregate MDI analyst predicts that the domestic aggregate MDI market may still rise in the short term.

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