The domestic aggregate MDI market continued to rise. Most of the major manufacturers supported their prices, and traders followed suit. The overall market atmosphere was strong. On the other hand, the overall performance of downstream demand is slightly modest, with small order replenishment as the main.

According to the sample data monitored by the business club, from June 10 to 17, the domestic aggregate MDI market price rose from 18020 yuan / ton to 18180 yuan / ton, with a weekly price increase of 0.89%, a month on month price increase of 1.79%, and a year-on-year increase of 6.94%.

Summary of domestic aggregate MDI market as of June 20:

Region, Wanhua goods, Shanghai goods

North China and Shandong, 18500-18800 yuan / ton, 18200-18300 yuan / ton

East China, 18700-18800 yuan / ton, 18200-18300 yuan / ton

South China, 18500-18600 yuan / ton, 18000 yuan / ton

Raw material pure benzene: the price of pure benzene fell. The main factors were the decline of crude oil, the weakness of the external market, and the superposition of the port inventory to stop the decline, resulting in a change in profit mentality and an increase in market shipments.

Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of Business Club:

Aniline: at present, the domestic aniline high price is still supported by the raw material pure benzene, the downstream just needs to follow up, and the profit transmission of the industrial chain is OK.

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.

Crude oil and external market still form high support for domestic prices, and downstream demand is expected to be further opened. In the future, the analysts of business club aggregate MDI expect that the domestic aggregate MDI market is mainly high and volatile.