-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Price Trend of Wanhua MDI Products in 2020
Price Trend of Wanhua MDI Products in 2020In 2020, the MDI market as a whole showed a trend of low before and high.
In the second half of the year, boosted by the frequent maintenance of domestic and foreign devices, the market continued to fluctuate and rise.
The annual minimum and maximum price difference was about 13,500 yuan (ton price, the same below).
), the amplitude is about 120%
.
In 2020, the MDI market as a whole showed a trend of low before and high.
2020 in review2020 in review
Shows an inverted "V" trend
Shows an inverted "V" trend Shows an inverted "V" trendIn 2020, the overall MDI market will show an inverted "V" trend
.
In 2020, the overall MDI market will show an inverted "V" trend
.
Pan Jinsong, a professor-level senior engineer at Shandong Institute of Industry and Information Technology: MDI downstream refrigerators, freezers and other industries are very dependent on exports
.
In terms of output, China's MDI output in the first half of 2020 totaled 793,000 tons, a decrease of about 35.
The market conditions of MDI began to change in August
.
2021 Outlook 2021 Outlook
The market is under pressure and the production capacity continues to be released
The market is under pressure and the production capacity continues to be released.The market is under pressure and the production capacity continues to be released.
Meng Xianxing, Vice President of Shandong Chemical Research Institute: As an industry with a high degree of industrial concentration, the MDI market will still release new production capacity in the future, and the contradiction between supply and demand may intensify
.
Meng Xianxing, Vice President of Shandong Chemical Research Institute: As an industry with a high degree of industrial concentration, the MDI market will still release new production capacity in the future, and the contradiction between supply and demand may intensify
.
In 2020, Wanhua Yantai plant will increase MDI production capacity from 600,000 tons/year to 1.
If the above-mentioned production capacity is released as scheduled, it is foreseeable that the MDI market will be under pressure
.
In terms of imports and exports, in the first 11 months of 2020, MDI imports totaled about 341,900 tons, a year-on-year increase of 22.
If the MDI market rises sharply in 2021, there will continue to be a large influx of imported goods into the country, which may have a negative impact on the MDI market
.
The demand is expected to be acceptable The demand is expected to be acceptable
Li Hong, Marketing Manager of Shandong Zhonghai Chemical Group Co.
, Ltd.
: From the perspective of downstream polyether, the new production capacity of polyether in 2021 will be 1.
235 million tons/year.
By the end of 2021, the total production capacity of polyether will reach 7.
468 million tons/year.
Drive the demand for raw material MDI to increase
.
, Ltd.
: From the perspective of downstream polyether, the new production capacity of polyether in 2021 will be 1.
235 million tons/year.
By the end of 2021, the total production capacity of polyether will reach 7.
468 million tons/year.
Drive the demand for raw material MDI to increase
.
In addition, the signing of RCEP is a major positive for the refrigerator industry
.
In the first three quarters of 2020, China exported over 7.
3 million refrigerators and freezers to RECP member countries, accounting for nearly 16% of the global export share
.
After the implementation of the agreement, a better regional business environment can be created, creating a certain space for China's home appliance export
.
.
In the first three quarters of 2020, China exported over 7.
3 million refrigerators and freezers to RECP member countries, accounting for nearly 16% of the global export share
.
After the implementation of the agreement, a better regional business environment can be created, creating a certain space for China's home appliance export
.
From the perspective of domestic demand, the current refrigerator industry has low inventory and vigorous construction, and the demand for MDI continues to improve
.
.
In addition, the signing of RCEP is also extremely beneficial for polyurethane, another important downstream furniture market
.
As a major furniture producing country, furniture exports account for a large proportion.
When RCEP starts to run, the export volume of Chinese furniture in these regions is expected to increase
.
.
As a major furniture producing country, furniture exports account for a large proportion.
When RCEP starts to run, the export volume of Chinese furniture in these regions is expected to increase
.
However, the impact of the epidemic in 2021 cannot be ignored, and exports may be hindered
.
In addition, the United States imposed economic sanctions on China, which brought a huge test to the downstream industry, especially the industrial layout of terminal mattress products, which in turn was detrimental to the MDI market
.
.
In addition, the United States imposed economic sanctions on China, which brought a huge test to the downstream industry, especially the industrial layout of terminal mattress products, which in turn was detrimental to the MDI market
.
