SE Asia & India Isocyanates Market Analysis 20170616-20170630
2017-07-14    [Source:PUdaily]

Southeast Asia TDI market trends down further in the second half of June and ruling prices is reported at around USD 3,300-3,400/ton CIF Southeast Asia from China and Korea suppliers. Demand is weak due to the long Muslim holiday as well as the pessimistic views on market outlook from all market players...

Polymeric MDI market in Southeast Asia has been staying quiet since middle of this month after major suppliers close up June shipment negotiation, until the last few trading sessions ahead of the month end when some producers start offering for July shipment. Seeing from already released prices, sellers tend to stabilize the market level by offering almost unchanged prices from middle June, but most buyers still stay in wait approach instead of placing orders, according to market sources...

In Southeast Asia, in July, pure MDI offers are assessed between USD 2,750-2,780/ton CIF from Japan and China based suppliers, registering a decline of USD 70-100/ton from June...

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