Price trend
According to the Commodity Market Analysis System of SunSirs, the MDI market has seen a slight increase recently. Currently, the mainstream price for Shanghai goods is 15,200-15,500 RMB/ton, while the mainstream price for domestic sources (PM200) is 15,400-15,600 RMB/ton.
Analysis review
Recently, export orders have been delivered in a concentrated manner, and middlemen have shown a clear willingness to raise prices. Low end quotations have stopped falling and increased. In May, there will be limited supply from the Ningbo plant, and there will be maintenance plans for the Shanghai plant. Supply is expected to tighten.
Market outlook
It is expected that the MDI market will continue to be stronger in the short term.
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