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Commodity News

SunSirs: Tight Supply, MDI Continued to Rise

September 11 2024 09:07:51     SunSirs (John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the aggregated MDI slightly rose on the 10th, with the mainstream price of Shanghai goods (44V20, M20S, 5005) ranging from 18,000-18,200 RMB/ton and the mainstream price of domestic goods (PM200) ranging from 18,200-18,300 RMB/ton.

Analysis review

It is reported that a large northern manufacturer had sold out all the planned MDI distribution channels in the first ten days of September, and the market supply was tight, with low sales. The maintenance of Wanhua's 1.1 million ton MDI plant has been completed and has now resumed operation.

Market outlook

It is expected that the tight supply situation will gradually ease, and the MDI market will maintain a stronger operation in the short term.

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