The domestic aggregate MDI market rebounded strongly. At present, the external quotation of major manufacturers is stable, and the supply is reduced, which has boosted the mentality of trade market operators. Subsequently, the quotation of traders is stable and upward. Coupled with the current low inventory at the social level, the market continues to push up. However, the actual transaction price needs to be further followed up.
According to the sample data monitored by the business club, from June 6 to 10, the domestic aggregate MDI market price rose from 17000 yuan / ton to 18020 yuan / ton, with a weekly price increase of 6.00%, a month on month price increase of 0.56%, and a year-on-year increase of 7.42%.
Summary of domestic aggregate MDI market as of June 10:
Region, Wanhua goods, Shanghai goods
South China, 18000 yuan / ton, 17700-18000 yuan / ton
North China and Shandong, 18000 yuan / ton, 17600-18000 yuan / ton
East China, 18000 yuan / ton, 17700-18000 yuan / ton
Summary of domestic aggregated MDI traders by June 10:
Raw material pure benzene: the main factors supporting the price rise of pure benzene include the rise of external market, the decline of domestic port inventory, the restart of downstream automobile transportation pure benzene consumer enterprises, the rise of styrene and other factors.
Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of Business Club:
Aniline: at present, the high cost has supported the increase of aniline for many times. However, Shanghai Lianheng has a maintenance plan in late June. If the maintenance plan is implemented, part of the contract volume will be released to the market, which has a certain negative impact on the market.
Comparison chart of aniline (upstream raw material) – polymerized MDI price trend of business community:
In terms of enterprises, Yantai Wanhua’s 1.1 million T / a unit operates normally; Ningbo Wanhua 1.2 million T / a unit operates normally; The 600000 T / a unit of Shanghai kesichuang operates normally; Shanghai Huntsman 380000 T / a unit operates normally; Or postpone the maintenance to June to July; Shanghai BASF 220000 T / a unit operates normally; Or postpone the maintenance to June to July; Chongqing BASF 400000 T / a unit operates normally; The 80000t / a Dongcao Ruian plant operates normally.
Monthly K column chart of MDI domestic production price aggregated by business club:
Weekly K column chart of MDI domestic production price aggregated by business club:
List of rise and fall of product prices in the MDI industrial chain of business community aggregation:
List of price rise and fall of products in the sector of MDI aggregated by business club:
Crude oil and external market still form high support for domestic prices, but with the gradual easing of market supply and demand. In the future, the analysts of the business community aggregate MDI expect that the domestic aggregate MDI market is dominated by shock consolidation.