According to the Commodity Market Analysis System of Business Society, the domestic aggregated MDI market rose in February. From February 1st to 29th, the domestic aggregated MDI market price increased from 16200 yuan/ton to 1578317050 yuan/ton, with a monthly price increase of 5.25% and a year-on-year price increase of 2.96%.

At the beginning of the month, the domestic aggregated MDI market showed a strong follow-up. As the Spring Festival holiday approached, the actual order follow-up was significantly weakened compared to the previous period. Logistics transportation was nearing its end, with concentrated delivery as the main focus, and new order follow-up was relatively limited. Manufacturers are guiding prices to rise one after another, with a pace of controlling quantity. The filling of spot goods is slow, and the supply is limited. Traders are quoting high prices, and the market inquiry atmosphere is good. Actual transactions are average. Towards the end of the month, production companies announced their high listing prices for next month, which boosted the overall boost and led to a significantly stronger market following suit.

The supply side is affected by favorable factors such as reduced supply from production enterprises.

On the cost side, raw material pure benzene: In February, the price of pure benzene continued to rise significantly, but slightly declined in the latter half of the year. As of February 29th, the benchmark price of pure benzene in Shengyishe is 8567.17 yuan/ton. Raw material aniline: After the price increase of aniline in February, it was sorted out. As of February 29th, the benchmark price of aniline in Shengyishe was 10987.50 yuan/ton. The cost of short-term aggregated MDI is influenced by favorable factors.

On the demand side, due to the cooling weather in the north, the downstream factory entry rhythm is slightly slow, and the consumption capacity is limited. The consumption power of the supply of goods is pushed back passively. With the temperature rising gradually, the downstream factory entry is in place after the Yuanxiao (Filled round balls made of glutinous rice-flour for Lantern Festival) Festival, and the consumption support of stock and demand. The short-term aggregate MDI demand side is temporarily affected by favorable factors.

In the future market forecast, cost benefits will support the market, and the market will mainly digest the increase. Business Society’s aggregated MDI analyst predicts that the domestic aggregated MDI market will mainly consolidate at a high level.