Price Trend
According to the price monitoring of business associations, as of September 10, the average price of domestic aggregated MDI market was 13025 yuan/ton, which was 4.23% lower than the previous year and 18.93% lower than the previous year. The overall market began to decline.
II. Market Analysis
Products: Domestic aggregate MDI market slightly declined, low prices continue to be heard, the market is gloomy atmosphere. Near the weekend last week, continued weakness, insufficient confidence in the future market, occasional negotiations between intermediaries with very low prices, due to cost pressures, agents shipment slightly cautious, more stable quotations, rare turnover. This week, Koth’s guidance price remained superficially stable. However, the market was informed that the prices of some manufacturers to some agents have been lowered. The overall market atmosphere is low, which is difficult to be favorable. Other factories remained silent, expecting short-term aggregate MDI market prices to continue to weaken, near the Mid-Autumn Festival holidays, the market is difficult to show inventory, waiting for the pre-festival and downstream stocks and manufacturers.
On the market side, the South China Polymerization MDI market is weak and volatile, the atmosphere in the venue is depressed, the turnover is not smooth, the vendors offer low delivery, and some low prices are heard. East China Polymerization MDI market is narrow and weak, the overall atmosphere in the field is depressed, there is a shortage of turnover, traders negotiate shipments, a small number of low-price hearings. North China aggregate MDI market is weak and volatile, the overall atmosphere is not good, there is a shortage of turnover, the business talks about low-end yield shipment, a small number of low-price discounts heard.
| sulphamic acid |
Industry chain: raw materials, pure benzene: pure benzene US dollar plate rose sharply, the price gap between domestic and foreign is large, supporting domestic market prices. Shandong’s market is partly refining up, the mainstream is between 5400 and 5550 yuan/ton, and low prices are hard to find in the market. Pure benzene factory stock is normal, high price shipment is general.
Aniline: Due to the increase of cost pressure, and some downstream purchasing stocks, the tentative increase of aniline factory by 100 yuan/ton. Due to the influence of downstream production restriction and short stock-up period, the digestion and increase of aniline Market are dominant. The mainstream negotiation price in North China refers to 6230-6430 yuan/ton, while that in East China refers to 6400-6500 yuan/ton acceptance.
3. Future Market Forecast
Business Cooperatives Perspective: Business Cooperatives aggregate MDI analysts predict that short-term domestic aggregate MDI market prices continue to weaken, near the Mid-Autumn Festival holidays, the market is difficult to show inventory, waiting for the pre-festival and downstream stock and manufacturer dynamics.
| Sulfamic acid |