China Polyurethane Monthly Report 201508
2015-11-06    [Source:PUdaily]
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1. Polyurethane Market Retrospect

Many polyurethane (PU) raw materials including pure MDI, TDI, polymeric MDI, AA, PTMEG and DMF are edging down weighed either by sufficient supply or subdued demand as most PU raw materials are witnessing a transitional period from low season to peak season in August. Besides, domestic propylene oxide market falls down and then goes upward during this period, impacting polyols market at home correspondingly.

Looking forward to September...

1.1. Polyurethane Index Analysis

1.1.1. Composite Index 

1.1.2. Flexible Foam Index

PUdaily flexible foam index slips down from end July to early August because of slack season and then goes upward since mid-August...

2. Polyurethane Raw Material Market

2.1. Propylene Oxide

2.1.1. Market Overview

China propylene oxide price hikes quickly and suppliers take increasing new orders as they indicate strong willingness to stabilize the market and some end users purchase intensively at lower price after sharp price cut early this month...

3. Polyurethane Products Market Analysis

3.1. Flexible Foam

In August, flexible foam market still continues being flattish and terminal demand is constantly subdued overall. Early this month, sponge plants mainly digest previous stockpile and purchase on need basis whilst manufacturers take few new orders and factories operate with low loads...

4. Downstream Industries

4.1. Flexible Foam Downstream

4.1.1. Upholstered Furniture

In July, the sales of building-material household stores based on national-scale totaled RMB 92.51 billion, up by 0.80% month on month and down by 12.95% year on year. The sales from January to July accounted to RMB 590.5 billion, down by 7.08% year on year...

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