After the Lunar New Year of the ox, the price of domestic aggregate MDI market rose sharply. The price rise lasted for more than 10 days. Basically, the quotation only lasted for half a day, and then rose again on the same day. In March, as soon as the guidance prices of Wanhua and kostrong came out, they were lower than the market prices at that time, and the market prices declined. What changes will aggregate MDI market face next?
According to the monitoring data of the business community, the market price of domestic aggregate MDI was 19300 yuan / ton on February 19 after the festival, and 25750 yuan / ton as of March 4, with an increase of 33.52%. The highest price in the cycle was 27750 yuan / ton on February 26, with an amplitude of 43.78%. From March 1 to March 4, the price of domestic aggregate MDI market fell by 4.98%, and traders generally responded that “open a single talk mode, profit margins are basically exhausted, low price goods are sold out, and the price is back on the rising track”. It seems to indicate that a new round of rise is already in the pipeline.
On the upstream side, pure benzene: the pure benzene market is high, and the downstream enterprises in Shandong just need to take the goods, but the overall inventory of Shandong Dilian is low, and the price is relatively strong. Aniline: the aniline Market is stable and small, individual enterprises increase the ex factory price, but I heard that the overhaul time of Shandong’s main enterprises is delayed, and other aniline manufacturers are mainly stable in shipment. It is not difficult to see from the price comparison index chart of business community that the price rise and fall trend of raw material pure benzene and aniline is closely related to the price rise and fall trend of polymerized MDI market. The price of pure benzene is still at a high level, and the market of aniline is on the upward trend. It is expected that the market price of polymerized MDI will still rise slightly in the short term.
In terms of devices, domestic devices: the heavy bus device is scheduled to start maintenance on February 27, with a duration of about one month; the technical transformation of Wanhua Yantai device is successful, with the capacity expanded to 1.1 million tons / year. Foreign devices: the market understands that the first quarter maintenance plan of Huntsman devices in the United States.
In the future, traders are full of confidence, and the low price supply has been exhausted. Business community aggregation MDI analysts expect that the short-term domestic aggregation MDI market may still rise again.
| PVA |