SunSirs: The Domestic MDI Market Was Finishing after Rising
November 12 2020 15:07:22 SunSirs (John)
Recently, the domestic MDI market has continued to rise. According to the sample data monitored by SunSirs, the current domestic MDI market price is 23,000 RMB/ton, which is an increase of 27.42% month-on-month and 84.37% year-on-year. Major manufacturers have announced the latest guidance prices, and traders have a wait-and-see attitude. There is no significant change in the quotations. At present, the negotiated price of Wanhua Cargo in North China is about 22,000-23,000 RMB/ton; the negotiated price of Shanghai Cargo is about 20,500-21,500 RMB/ton. The negotiated price of Wanhua Cargo in East China is about 22,000-23,000 RMB/ton; the negotiated price of Shanghai Cargo is about 21,000-21,500 RMB/ton. The negotiated price of Wanhua Cargo in South China is about 22,000-23,000 RMB/ton; the negotiated price of Shanghai Cargo is about 21,000 RMB/ton.
Looking at the market outlook, traders are currently offering cautiously, and low prices are heard. At present, the downstream is reluctant to high prices, and the MDI analysts from SunSirs predict that the domestic aggregate MDI market will fluctuate mainly in the short term.
If you have any questions, please feel free to contact SunSirs with suooort@sunsirs.com.
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