Aggregate MDI market rose in September due to shocks

According to the sample data monitored by the business community, the domestic aggregate MDI market price was 14700 yuan/ton at the beginning of the month, and 16460 yuan/ton at the end of the month, with an increase of 11.97% in the month and a year-on-year decrease of 30.94%.

 

PVA 0588 ( PVA BP05)

Summary of domestic aggregate MDI market as of September 30:

 

Region, Wanhua Goods, Shanghai Goods

North China and Shandong, 16500-17000 yuan/ton, 16200-16300 yuan/ton

In South China, 16500-17000 yuan/ton, 16300-16500 yuan/ton

East China, 16500-17000 yuan/ton, 16300-16500 yuan/ton

At the beginning of the month, the domestic aggregate MDI market slowly recovered. Since the beginning of the week, the market transaction atmosphere has improved, traders’ quotations have been raised one after another, and the phenomenon of market suspension has also occurred from time to time. On the one hand, the supply is low and the market supply is reduced; On the other hand, the price of raw material pure benzene rose, and the price of polymerization MDI fell near the cost line; At the same time, the downstream actively replenished goods, which also made the domestic MDI market stop falling and recover.

 

In the first ten days of this month, the domestic aggregate MDI market fluctuated significantly, the difference between high and low prices among traders widened, and the gap between high and low prices was obvious. The traders had different attitudes. The supply and demand game was prominent, and high quotations were waiting for demand. The low price quotation traders kept the pace of shipment.

 

In the last ten days of this month, the domestic aggregate MDI market did not change much, with a narrow range rising, and traders offered few quotations, mainly to watch the market dynamics. The quotations of major manufacturers have been raised, the supply has been reduced, and the market has risen significantly at the beginning of the week. However, the downstream demand is slightly flat and the purchase volume is average. Some traders even have a holiday in advance, which shows that the intention of downstream goods preparation is not strong before the festival.

 

POLYVINYL ALCOHOL

Raw material pure benzene: According to the monitoring of the business community, the domestic pure benzene market has risen significantly. The price at the beginning of the month was 7617 yuan/ton, and the price at the end of the month was 7899 yuan/ton, an increase of 4.24%.

 

In the aspect of aniline, according to the data of the bulk list of business cooperatives, aniline continued its rising trend in late August this month, with prices rising continuously. On September 1, the price in Shandong was 10100-10300 yuan/ton; The price of aniline in Nanjing is 10100-11000 yuan/ton; On September 28, the price in Shandong was 12000-12300 yuan/ton; The price of aniline in Nanjing is 12800-13000 yuan/ton. The average price of aniline in this month is 18.84% higher than that at the beginning of the month and 10.15% higher than that in the same period last year.

 

In terms of enterprises, Yantai Wanhua’s 1.1 million t/a unit is operated with reduced load; Ningbo Wanhua 1.2 million tons/year unit load reduction operation; The 600000 t/a unit of Shanghai Covestro operates normally; Load reduction operation of 380000 t/a unit of Shanghai Huntsman; The 220000 t/a unit of Shanghai BASF operates normally; Chongqing BASF 400000 t/a unit load reduction operation; The 80000 t/a unit of Dongcao Ruian operates normally.

 

Raw material pure benzene fluctuated at a high level, with stable cost support, and the intention of downstream goods preparation increased before the festival. The cyclohexanone analyst of the business community predicted that the short-term cyclohexanone market would be dominated by a strong consolidation.

http://www.polyvinylalcohols.com

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