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Global Coatings Network News:
Global Coatings Network News:
Last week (August 4-8), the domestic aggregate MDI market has weakened.
On the one hand, the demand limit is unsupported.
On the other hand, the supply-side restriction of goods is good for digestion, and traders’ shipments are blocked to allow trading, which drives the market.
Weak; At present, the spot market has sufficient supply.
This week, the aggregate MDI market is expected to maintain a weak consolidation situation despite the steady downstream demand.
Today, the aggregate MDI market in South China remains stable and wait-and-see.
The supply is sufficient and the demand is flat.
The downstream has no intention to stock up.
Purchasing on-demand.
Holders stay on the sidelines and the market is deadlocked.
Up to now, PM200 has been quoted at 15,000-15,200 yuan/ Tons, Shanghai sources quoted at 14,700-15,000 yuan/ton, and Japanese and Korean sources quoted at 14,600-14,800 yuan/ton.
(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// class="info_page">