According to the sample data monitored by the business community, the market price of domestic aggregated MDI at the beginning of the month was 19360 yuan / ton, and the price at the end of the month was 20180 yuan / ton, with an increase of 4.24% during the month and a year-on-year increase of 11.34%.
According to the price monitoring of the business community, in the list of commodity prices in December 2021, there were 35 kinds of commodities rising month on month in the chemical sector, including 19 kinds of commodities rising by more than 5%, accounting for 18.1% of the monitored commodities in the sector; The top three commodities were chloroform (41.13%), lithium carbonate (37.11%) and dichloromethane (36.91%). A total of 62 commodities decreased month on month, and 40 commodities decreased by more than 5%, accounting for 38.1% of the monitored commodities in this sector; The products with the top three declines were melamine (- 40.08%), baking soda (- 29.05%) and butadiene (- 27.26%). The average rise and fall this month was – 2.38%.
Summary of domestic aggregate MDI market as of December 30:
Region, Wanhua goods, Shanghai goods
North China and Shandong 20200-20400 yuan / ton 20000 yuan / ton
East China 20200-20300 yuan / ton 20200 yuan / ton
South China 20200-20400 yuan / ton 20000-20200 yuan / ton
At the beginning of June, the domestic aggregate MDI market continued to decline, and the monthly listing prices of major manufacturers were successively announced, all of which were reduced; The weekly guideline price of Shanghai factory has also been reduced, but the supply of goods is scarce. Mainstream dealers offer according to the market and negotiate shipment; End customers in the distribution market are approaching the end of the year, focusing on just needed procurement; Recently, the epidemic situation has been repeated, and the downstream industries affected in some regions have been suspended.
In the middle of the month, the domestic aggregate MDI market continued to be depressed, and rebounded slightly in the middle and late period, but the overall atmosphere was depressed.
In late June, the domestic aggregate MDI market rebounded slowly, the spot was tight, and the price was high in the short term. Weekly quotation, factory prices are increased, limited supply; Production enterprises deliver goods evenly, with slow delivery, slow filling of goods in the trade market, small incoming volume near the end of the year, and tight market supply; In addition, dealers are worried about the high settlement price at the end of the month, and the quotation of mainstream dealers is higher.
At the end of the month, the domestic aggregate MDI market continued to pick up, the weekly price of the factory continued to rise, and the limited supply was maintained; Some suppliers’ factories deliver goods evenly, and the filling of spot goods source is slow; Dealers have different attitudes. Mainstream dealers offer prices to maintain stability and negotiate shipment.
In terms of raw materials, styrene crude oil fell sharply this month, driving the decline of pure benzene. Crude oil and styrene in the main downstream fell broadly, which stimulated the negative impact on pure benzene. The decline of styrene price, the decrease of downstream demand and the increase of spot and forward supply of pure benzene are the main factors driving the decline of pure benzene price.
The raw aniline Market stabilized first and then rose. The price at the beginning of the month was 9233 yuan / ton, and the price at the end of the month was 9913 yuan / ton, an increase of 7.37%.
Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of business society:
Comparison chart of aniline (upstream raw material) – polymerized MDI price trend of business society:
In terms of enterprises, Yantai Wanhua 1.1 million T / a plant operates normally; Ningbo Wanhua 1.5 million T / a plant phase I stopped on November 27 for 45 days; Phase II will stop on December 11 for 45 days. The 600000 T / a unit of Shanghai keschuang operates normally; The 380000 T / a unit of Shanghai Huntsman operates normally; Shanghai BASF 220000 T / a unit operates normally; Chongqing BASF has a negative phenomenon this week; There is a maintenance plan in January 2022, and the specific time is unknown at present. Dongcao Ruian 80000 T / a unit operates normally.
In the future, the long and short factors are intertwined, and the business community aggregates MDI. Analysts expect that the domestic aggregate MDI market is mainly sorted out.
