SE Asia & India Isocyanates Market Analysis 20170814-20170825
2017-08-31    [Source:PUdaily]
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Southeast Asia (hereinafter referred to as SE A or SE Asia) TDI market sees short supply and weak demand in August. Most suppliers have concluded deals earlier this month and there are limited cargoes reported in the market, so spot stocks are quoted at high price level at about USD 4,200/ton. Buyers are slowly following up with the price increase now but are still resistant to offers higher than USD 4,000/ton, therefore, they are make the procurement passively based on rigid demand...

Southeast Asia polymeric MDI market keeps going up since the middle 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 Southeast Asia, pure MDI market price is heard at USD 2,650-2,750/ton CIF, as same as two weeks ago.

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