First, the price trend
According to business price monitoring, as of May 23, the domestic aggregate MDI market average price reported 14500 yuan/ton, the overall market decline remains.
Second, the market analysis Products: Domestic polymerization MDI market continues to be weak, difficult to have a positive impact, the field mentality in general. Shippers at this stage of the shipment of positive, but the overall transaction arrears, afraid of the aftermarket continued to fall into the market, it is difficult to digest pessimism. Considering that downstream demand is difficult to follow up, demand is limited and the transaction atmosphere is extremely poor. It is expected that the aggregate MDI market in the short term will continue to weaken without positive conditions. Approaching the end of the month wait and see manufacturers Crescent listed Price dynamics.
As manufacturers ‘ installations gradually recover, the overall market trend in June is not optimistic, and low shocks may be the norm. On the market side, north China and Shandong polymerization MDI market weak finishing. There is no obvious change in market fundamentals, downstream just need to purchase cautious, middlemen more stable prices to negotiate shipments, the market has a low price to hear. East China polymerization MDI market weak finishing. There is no obvious change in market fundamentals, downstream on-demand procurement prudence, market real Trading Limited, individual operators under pressure to negotiate shipments, the market has a low price to hear. South China polymerization MDI market weak operation.
Downstream just need to continue to languish, market trading is weak, middlemen negotiate shipments. Industrial chain: raw materials, pure benzene: affected by the supply gap between the United States and Europe, the US dollar plate continues to operate strongly. But domestic commodities are weaker and market shocks are dominated. One of the spot talks in 4460-4530 yuan/ton, May under negotiations in 4490-4530 yuan/ton, June under negotiations in 4540-4600 yuan/ton, July under negotiations in 4560-4700 yuan/ton. Aniline: The aniline market is stable. Although downstream just need to take goods, but the market on the south and Lanzhou is still in the maintenance, other Aniline enterprises inventory is not high, there is no shipping pressure, price stability consolidation. East China Market Mainstream reference 5900-6000 yuan/ton acceptance.
North China market talks price reference in 5720-5870 yuan/ton.
Third, the forecast of the aftermarket Business community Point of view: Positive aspects, Shanghai Enterprise Maintenance is more concentrated, enterprise monthly listing firm. On the negative side, the latest price of Zhou pricing enterprises to implement 12500 yuan/ton, due to the weak terminal demand, the market is weak to promote, individual enterprises volume shipments, the industry mentality collapse, pressure shipments. Approaching the end of the month to wait for a strong mood, short-term stability is the best choice. With the advance overdraft of maintenance news and the gradual recovery of factory installations, June overall good collapse, low shock may be the norm, coupled with downstream demand shrinkage, the disadvantage is obvious. Business Society Polymerization MDI Analysts expect the short-term market to continue to be weak.