SE Asia & India Isocyanates Market Analysis 20170801-20170811
2017-08-31    [Source:PUdaily]

Southeast Asia (hereinafter referred to as SE A or SE Asia) TDI market goes up in the first half of August with ruling prices reported at around RMB 3,500-3,800/ton CIF SE Asia. As for supply, most Korea and Japan suppliers as well as local traders have reported that they have sold out for August, and OCI and Hanwha are starting to offer for September and are expecting further price hikes about USD 3,700-3,750/ton CIF SE Asia...

Southeast Asia polymeric MDI market experienced an upward trend since the beginning of August as rapid price increase in China mainland market has emboldened suppliers to pull up prices in order to match with the former market. In addition, rumors that the largest MDI manufacturer based is going to shut down its 600 kt/MDI in Shandong province since August 8, which will last for about 12 days...

In Southeast Asia, one leading South Korea supplier is heard at USD 2,650-2,750/ton CIF, USD 100/ton higher compared with early August...

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