1、 Price trend
According to the price monitoring of business agencies, as of March 9, the average price of domestic aggregate MDI market was 12075 yuan / ton, down 7.29% month on month and 21.08% year on year. The overall market fell significantly.
2、 Market analysis
Products: Poly MDI many traders reduce the factory price. Affected by the drop in international crude oil prices, the general mood of the industry is pessimistic. However, at the beginning of this week, Cisco’s guidance price was stable, no shipment was required, and its market stabilizing attitude was obvious, and traders’ quotations were also more stable. Some agents, considering the settlement price at the end of this month, cautiously quoted prices, and no longer continued to smash offers. However, the atmosphere of inquiry continued to be quiet and there was little negotiation.
| ferric sulfate (Poly ferric sulphate) |
In terms of market, South China aggregate MDI market is in a weak shock. Kostrong’s guiding price is stable and the attitude of stabilizing the market is stable. At present, the quotation of traders is more stable, and the downstream demand side has not changed significantly, so we will continue to wait and see the market change. The price of aggregate MDI market in East China is weak and volatile. At the beginning of the week, the guiding price of covestro was stable, the quotation of traders was more stable, and the downstream inquiry continued to be rare, so we continued to wait and see the market trends. The price of aggregate MDI in North China fluctuated. At the beginning of the week, the news was light. Kostrong’s guidance price was stable this week. It didn’t require shipment. Its attitude was stable. At present, there is no new change in downstream demand. Downstream operators are cautious to wait and see with goods, and traders’ quotations are somewhat extreme and conservative.
Industrial chain: in terms of raw materials, pure benzene and crude oil plummeted, while spot buying of pure benzene in East China fell to 4500 yuan / ton. However, due to the low inventory of Shandong Delian, part of the offer was firm at 4900-5100 yuan / ton. But inquiry is rare, the mentality of the business is poor, and the market is mainly wait-and-see.
| Azodicarbonamide (AC foaming Agent) |
Aniline: aniline Market is mainly weak and stable, it is reported that some factories secretly reduce the shipment. Two sets of 100000 ton aniline plants in Jinling were restarted, and the supply of aniline is expected to increase in the current load lifting. In terms of price, the mainstream price of Shandong aniline is 6700 yuan / ton spot exchange and 6840 yuan / ton acceptance. For East China market, 6800-7000 yuan / ton will be accepted.
3、 Future forecast
Business Club view: Business Club aggregation MDI analysts predict that the short-term domestic aggregation MDI market will continue to be weak, and pay attention to the manufacturer’s dynamic and downstream demand changes at any time.
| povidone Iodine |