Aggregated MDI market focus strengthens

According to the Commodity Market Analysis System of Business Society, from December 12th to 19th, the domestic aggregated MDI market price increased from 15833 yuan/ton to 16000 yuan/ton, with a price increase of 1.05% during the cycle, a month on month decrease of 1.44%, and a year-on-year increase of 10.04%. The domestic aggregated MDI market first stabilized and then strengthened, with most suppliers completing their year-end tasks ahead of schedule and slow delivery rates. Coupled with maintenance cycles, the operating load remains low, and the downstream cold chain industry maintains stable output. The market is in short supply, boosting its momentum.

 

The supply side is influenced by favorable factors.

 

On the cost side, the raw material pure benzene has experienced slight fluctuations in the domestic pure benzene market. As of December 19th, the benchmark price of pure benzene for Shengyishe is 6837.17 yuan/ton. Raw material aniline: The domestic aniline market is operating weakly. As of December 19th, the benchmark price of aniline in Shengyishe is 10600.00 yuan/ton. The cost side of MDI aggregation is influenced by bearish factors.

 

On the demand side, as the annual handover month approaches, some contract orders have signed plans, creating a strong atmosphere of upward momentum. Although the follow-up ability on the demand side is still average, and with the recent rainy, snowy, and cold weather in the north, construction is hindered, and the support on the consumption side is insufficient. Recently, there are limitations on on-site warehouse orders, and there is a focus on following up on essential orders. The demand for short-term aggregated MDI is affected by bearish factors.

 

In the future market forecast, as prices rise, there will be an increase in the willingness to ship some goods. We are waiting for the improvement of follow-up power. Business Society’s MDI analyst predicts that the domestic MDI market trend will be mainly strong and follow up.

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