Price Trend
According to the price monitoring of business associations, as of July 11, the average price of domestic aggregated MDI market was 12,200 yuan/ton, and the overall market was not hot.
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II. Market Analysis
Products: The overall price of domestic aggregated MDI market continued to decline slowly. The early market continued to be light and tidy, and the stockholders followed suit. There were many negative drops in the delivery of goods. A sudden stop of a device in Europe has been reported in the market. Domestic factories need to transfer goods urgently and the supply of factories has been tightened. However, there are different opinions, and some agents have raised their prices slightly. At present, the exact verification of which device, which line and what problems arise in Europe is not available. It is a means of market hype.
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On the market side, the aggregated MDI market in South China has been smoothly consolidated. Encouraged by the news, the holders generally hold firm quotations, some tentative increases, inquiries are general, wait and see the price of Cox founder. The aggregate MDI market in East China has stabilized and consolidated. The news boosted the market quotation to stop falling and the low price disappeared. The holder’s quotation is cautious, accompanied by shipment, and the turnover situation is not obviously better. The aggregated MDI market in North China was tidied up and low prices disappeared. Influenced by the news from market suppliers and manufacturers, the mindset of the industry has been boosted, the market price has stopped falling, the price of the holder has risen tentatively, and the trading situation needs to be improved.
Industry chain: raw materials, pure benzene: Shandong pure benzene market price is stable, the mainstream is 4910-5150 yuan per ton. The market divergence is large, there are individual factory shipments are still acceptable, but most refining reflects the general goods. Pure benzene external market continues to rise, market participants are more optimistic about the future trend of pure benzene. Aniline: Aniline market is stable. Downstream demand is weak, aniline factory inventory declines slowly, at present, the factory is mainly stable price de-inventory. North China mainstream negotiation price reference at 5900-6070 yuan/ton. East China market mainstream reference 6100-6200 yuan/ton acceptance.
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3. Future Market Forecast
Business Cooperative Perspective: Business Cooperative Aggregate MDI analysts predict that short-term domestic aggregate MDI market wait-and-see is dominant, affected by news, prices can stop falling and stabilize.