The domestic aggregated MDI market is fluctuating and rising

According to the Commodity Market Analysis System of the Business Society, the domestic aggregated MDI market is fluctuating and rising. From May 29 to June 2, the domestic aggregate MDI market price rose from 15400 yuan/ton to 16040 yuan/ton, with a weekly price increase of 4.16%, a month on month increase of 1.52%, and a year-on-year decrease of 5.65%. The domestic aggregated MDI market atmosphere has significantly improved, with traders facing a tight supply of goods and prices gradually rising. Major production enterprises have announced the latest prices in June, boosting the market atmosphere. The downstream market is slowly following up, and the tracking atmosphere is still average. We continue to wait for digestion and follow-up.

 

PVA

On the supply side, the overall changes in the equipment are not significant.

 

In terms of cost, the raw material is pure benzene. The maintenance of individual supply units has recovered, the domestic supply has increased, and the maintenance of downstream styrene and phenol units has affected the consumption of pure benzene. The price of domestic pure benzene market is weak and volatile, and the overall demand atmosphere is weak. The downstream consumption of raw materials is dominated by inventory. On June 2nd, the benchmark price of pure benzene for Business Society was 6530.50 yuan/ton. Raw material aniline: The domestic aniline market has rebounded slightly. The main reason is that downstream pickup has improved, and aniline factories have been smoothly restocking, driving prices up. On June 2nd, the benchmark price of aniline in Shangshang Society was 10912.50 yuan/ton. The cost of aggregating MDI is mixed.

 

On the demand side, the overall follow-up atmosphere in the downstream market is relatively cautious, with some stocking warehouses mainly consuming inventory. Part of the downstream demand is mainly for hard goods, and the increase in buying gas is relatively average. The execution of current contract orders is relatively stable, coupled with supplier control and shrinkage, downstream factories maintain a low inventory status. The short-term aggregate MDI demand side is relatively short.

 

In the future market forecast, short-term traders are facing a tight supply of goods, which still provides some support to the market. Analysts from Business Society Aggregated MDI predict that the domestic aggregated MDI market will recover and fluctuate.

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