echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Rubber Plastic News > Aggregate MDI market stabilizes after falling

    Aggregate MDI market stabilizes after falling

    • Last Update: 2022-08-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    In November, the domestic aggregated MDI market peaked and fell, and the price dropped by 2,000~2,500 yuan (ton price, the same below) in just half a month.
    At present, the offer price of Shanghai in East China is 21,000~21,000~ 21,500 yuan


    .


    "From the perspective of the market outlook, the supply side is tightening, the demand is acceptable, and the cost side is firm.
    The short-term aggregation of the MDI market may maintain a shock and consolidation pattern, and the risk of a sharp drop is basically eliminated


    .


    "From the perspective of the market outlook, the supply side is tightening, the demand is acceptable, and the cost side is firm.


    Tight supply expectations Tight supply expectations

    Aggregate MDI market "Silver Ten" performed very well


    .


    Aggregate MDI market "Silver Ten" performed very well
    .


    However, as the price soared, the downstream resistance gradually increased, and the Shanghai factory's offer was low, which caused the MDI market to begin to decline all the way
    .


    "From the perspective of the market outlook, the tight supply of polymerized MDI may bring some support to the market
    .


    "The supply side is tightening, coupled with the increased willingness of factories to support prices, it is expected that the possibility of a sharp decline in the aggregated MDI market is unlikely, or it may maintain a consolidation operation
    .


    High-level consolidation of raw materials High- level consolidation of raw materials

    Aniline, the raw material of polymerized MDI, has experienced a wide-scale increase in the "Silver Ten", and the market price has remained at a relatively high level.
    The negotiated price of aniline in Jiangsu is about 6,800 yuan, and the negotiated price of aniline in Shandong and North China is 6,600-6,710 yuan


    .


    Aniline, the raw material of polymerized MDI, has experienced a wide-scale increase in the "Silver Ten", and the market price has remained at a relatively high level.


    In terms of supply, Huatai aniline plant resumed shipments; Tianji plant was operating at full capacity, with a daily output of about 450 tons of aniline; Nanhua aniline plant produced about 450 tons per day; Jiangsu Fuqiang new material aniline shipment was delayed
    .


    Recently, the aniline raw material pure benzene market is still strong.


    Zhang Yuanjiang, deputy general manager of Shandong Jinling Chemical Co.
    , Ltd.
    , said that from the perspective of the market outlook, the external market of pure benzene has performed better, and the price difference between internal and external prices has expanded, and the main listing is still expected to rise

    .
    However, the performance of supply and demand is average, the stock of pure benzene in East China ports is still high, the operating rate of hydrogenation benzene units is at a high level, and the downstream centralized maintenance, the demand for pure benzene is average

    .
    Overall, the short-term pure benzene market will still run at a high level

    .

    According to industry analysts, the raw material pure benzene is strong at a high level, but the downstream demand for aniline is general, and the upward momentum is insufficient.
    It is expected that the short-term aniline market may maintain a high level of consolidation, and the support for polymerized MDI will not weaken significantly in the cost aspect

    .

    According to industry analysts, the raw material pure benzene is strong at a high level, but the downstream demand for aniline is general, and the upward momentum is insufficient.
    It is expected that the short-term aniline market may maintain a high level of consolidation, and the support for polymerized MDI will not weaken significantly in the cost aspect

    .

    Demand maintains rigid demand

    Demand maintains rigid demand Demand maintains rigid demand

    The price of polyether downstream of polymerized MDI hit a record high in the "Golden Nine and Silver Ten", but it also started a downward mode in November, with prices falling continuously and widely, the focus of on-site discussions continued to drop, and some even sold at low prices
    .
    But then the rigid foam polyether market rebounded, and the price rose by about 400 yuan, which brought support to the polymerized MDI market

    .

    The price of polyether downstream of polymerized MDI hit a record high in the "Golden Nine and Silver Ten", but it also started a downward mode in November, with prices falling continuously and widely, the focus of on-site discussions continued to drop, and some even sold at low prices
    .
    But then the rigid foam polyether market rebounded, and the price rose by about 400 yuan, which brought support to the polymerized MDI market

    .

    According to Meng Xianxing, on the whole, the demand for rigid foam polyether fluctuates greatly with seasonal fluctuations, and the overall demand for new orders is mainly
    .
    Individual devices in the field were shut down for maintenance, local supply was tight, and the market was mainly active in receiving orders

    .

    According to Meng Xianxing, on the whole, the demand for rigid foam polyether fluctuates greatly with seasonal fluctuations, and the overall demand for new orders is mainly
    .
    Individual devices in the field were shut down for maintenance, local supply was tight, and the market was mainly active in receiving orders

    .

    Looking at the terminal demand, with the recovery of the global economy and the gradual recovery of downstream industries, the output of refrigerators and freezers has increased significantly
    .
    According to statistics, the domestic refrigerator output in September increased by 102.
    2% over the same period last year, while the cumulative output growth rate in the first nine months has exceeded the level of the same period last year, with an increase of 46.
    4%

    .
    In addition, the upholstered furniture and automobile industries also began to pick up month by month in the second half of the year, and the output increased compared with the same period last year

    .

    Looking at the terminal demand, with the recovery of the global economy and the gradual recovery of downstream industries, the output of refrigerators and freezers has increased significantly
    .
    According to statistics, the domestic refrigerator output in September increased by 102.
    2% over the same period last year, while the cumulative output growth rate in the first nine months has exceeded the level of the same period last year, with an increase of 46.
    4%

    .
    In addition, the upholstered furniture and automobile industries also began to pick up month by month in the second half of the year, and the output increased compared with the same period last year

    .

    Meng Xianxing believes that the continuous improvement of the demand side has become an important factor driving the surge in the polyether market, but the inflated price has led to strong downstream resistance, which has brought certain disadvantages to the polyether market
    .

    Meng Xianxing believes that the continuous improvement of the demand side has become an important factor driving the surge in the polyether market, but the inflated price has led to strong downstream resistance, which has brought certain disadvantages to the polyether market
    .

    "On the whole, the aggregated MDI suppliers are still inclined to support the market, the supply may be further reduced, and the atmosphere of dealers' reluctance to sell has increased
    .
    However, at high prices, downstream buyers are also more wait-and-see, and they only need to follow up.
    It is expected that in the short term Aggregate the MDI market or maintain the consolidation pattern

    .
    " Zhang Yuanjiang said

    .

    "On the whole, the aggregated MDI suppliers are still inclined to support the market, the supply may be further reduced, and the atmosphere of dealers' reluctance to sell has increased
    .
    However, at high prices, downstream buyers are also more wait-and-see, and they only need to follow up.
    It is expected that in the short term Aggregate the MDI market or maintain the consolidation pattern

    .
    " Zhang Yuanjiang said

    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.