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SunSirs: Early Forecast of Domestic Aggregate MDI Market on January 6

January 06 2021 13:34:54     SunSirs (John)

Yesterday (January 5), the domestic aggregate MDI market was in a downturn. According to the sample data monitored by SunSirs, the current domestic aggregate MDI market price is about 18,050 RMB/ton. In terms of raw materials, East China's pure benzene falls to 4,400 RMB/ton; North China's aniline remains stable at 8,000 RMB/ton, and the price of polymerized MDI is high and profitable. In terms of equipment, Wanhua Ningbo's MDI plant was shut down for maintenance on December 15 for 25 days. It is expected to resume work next week, and other devices are running smoothly. In terms of the market, the mainstream negotiated price of Shanghai goods in various regions is about 18,000 RMB/ton, and the mainstream negotiated price of Wanhua goods is about 18,400-18,500 RMB/ton.

Looking at the market outlook, the market sentiment continues to be quiet, traders lack confidence and tend to be pessimistic about the market outlook, and the offers fall within a narrow range. SunSirs aggregate MDI analyst predicts that the short-term domestic aggregate MDI market is mainly downturn and volatile.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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