SE Asia & India Isocyanates Market Analysis 20170508-20170519
2017-07-14    [Source:PUdaily]

Southeast Asia TDI market runs slowly and weakly in the first half of May. Demand remains low as downstream buyers find the purchasing cost high and make the replenishment only based on rigid demand. On the other hand, supply is sufficient at present with Korea suppliers producing normally, so the unbalance supply and demand situation pressure Southeast Asia TDI market and participants are pessimistic on market outlook...

Polymeric MDI market in Southeast Asia has been retreating in recent two weeks and price has lost by around USD 50-100/ton compared with the start of this month, mainly weighed down by rapid price decrease in China mainland market in the first two weeks of this month as well as cooling buying interests since local buyers expect that price would decline more in the future, so they hold back purchasing, according to market sources...

In SE Asia, pure MDI price is still offering between USD 2,900-3,000/ton CIF...

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