1、 Price trend
According to the price monitoring of the business agency, as of February 25, the average price of domestic aggregate MDI market was 12875 yuan / ton, down 0.96% month on month and 11.97% year on year. The overall market is weak.
2、 Market analysis
Product: the aggregate MDI market as a whole continues to be weak in consolidation, and some operators are not optimistic about future market expectations, and the market offers frequently at low prices. Near the end of the month, agents offer cautious, accompanied by shipping based, but the market atmosphere is quiet, inquiry buy too little. Near the end of the month, we will wait and see the supplier’s factory price guidelines and policies. The current situation of downstream demand leads to the spread of pessimism in the future.
| EDTA |
In terms of market, the aggregate MDI in North China is weak, waiting for the market to open in an all-round way. Traders carefully wait for offers, logistics and transportation gradually smooth, but the overall market inquiry atmosphere is not good. Near the end of the month, wait and see the manufacturer’s new moon listing price. The aggregate MDI market in East China is weak, waiting for the market to open in an all-round way. There are few on-site inquiries and occasional small orders. Traders are cautious to wait and see the delivery near the end of the month. The overall market atmosphere continues to be quiet. South China aggregate MDI market weakness consolidation. The atmosphere is quiet and there are only a few downstream inquiry buyers. The operators are waiting to see the market return to work in an all-round way. Near the end of the month, wait and see the price listed by the manufacturer.
Industrial chain: in terms of raw materials, the pure benzene gold plate fell sharply, the market mentality was poor, and the market in East China was weak. However, the delivery of the refineries is acceptable, and the price remains stable. The main stream of Shandong market is 5200 yuan / ton.
| Melamine |
Aniline: the shipment of aniline factory is general, and the downstream demand is weak, so it is difficult to boost the market. At present, aniline manufacturers are mainly de stocking, and the price is stable. The mainstream price of Shandong aniline is 7000 yuan / ton spot exchange, 7140 yuan / ton acceptance, and 7300 yuan / ton acceptance in East China market.
3、 Future forecast
Business club point of view: near the end of the month, we all wait and see the supplier’s factory price guidelines and policies. At present, this downstream demand situation leads to the spread of pessimistic sentiment in the future. MDI analysts of business club aggregation expect that the price weakness of short-term domestic aggregation MDI market will continue.
| EDTA 2Na |