Price Trend

According to the price monitoring of business associations, as of April 2, the average price of domestic aggregated MDI market was 18,100 yuan/ton, and the overall market price continued to rise.

II. Market Analysis

Products: Domestic aggregate MDI market price range shock finishing. The manufacturer’s news is light. Coase’s guided price this week is 16,800 yuan/ton. The supply of goods is scarce. The overall mentality of the traders is general. The quotations of traders follow suit and fluctuate little. The mood of stocking up before the Qingming Festival is not good, and maintaining just need is the main thing. This week is expected to aggregate the MDI market interval consolidation.

On the market side, the price range of aggregated MDI in South China is sorted out. Pre-festival stockpiling mood is not high, downstream caution, coupled with the recent market has heard of low prices, the industry often follow the market delivery. The price range of aggregated MDI in East China is sorted out. Influenced by Koth’s guidance price, the market atmosphere is quiet, but with the support of manufacturer’s cost, trader’s quotation remains stable. With the supply gradually tightening in the later period, there is still room for price increase. The aggregated MDI prices in North China continue to be sorted out in intervals. Influenced by Koth’s guidance price, the market atmosphere is quiet, but with the support of manufacturer’s cost, trader’s quotation remains stable. With the supply gradually tightening in the later period, there is still room for price increase.

Industry chain: As for raw materials, driven by the rise of stock market and commodities, the pure benzene Market in East China has warmed up slightly. The spot price is 4280-4300 yuan/ton, the selling price is 4370 yuan/ton, the next purchase price is 4330-4370 yuan/ton in April, and the selling price is 4380-4450 yuan/ton. May buy 4360-4390 yuan/ton, sell 4400-4500 yuan/ton. Aniline: The market atmosphere was light at the beginning of the month. The spot price of pure benzene in East China was 4250-4350 yuan/ton, the purchase price was 4250 yuan/ton in April, and the sale price was 4350-4400 yuan/ton.

3. Future Market Forecast

Business Cooperative Viewpoint: On the positive side, the month listing factory crescent listing moved up broadly; Wanhua, Basf controlled the volume of goods released; April factory maintenance is more concentrated. On the negative side, the downstream demand has just rebounded slowly; foaming agent 141B has risen sharply and the cost level has moved up, which indirectly affects the demand for MDI at the terminal. The mood of stocking up before the Qingming Festival is not good, and maintaining just need is the main thing. Business Aggregate MDI analysts expect that this week aggregate MDI market range consolidation is the main.