Asia Pacific Isocyanates Market Analysis 20180421-20180504
2018-05-08    [Source:PUdaily]

Southeast Asia (hereinafter referred to as SE A or SE Asia) TDI market is dropping off at the end of April, with ruling concluded offers at around USD 4,100-4,250/ton CIF Southeast Asia from major Korea, China and Japan TDI suppliers. Lower end offer from some other Korea supplier stands at near USD 4,000/ton FOB. Latest China TDI offers are heard around USD 3750/ton FOB...

For suppliers, supplies of goods are adequate, especially that Hanwha finished their turnaround and restarted their plant on April 30, meanwhile OCI has put off their turnaround to the second half of the year... 

China TDI market slid down and then rebounded in the past two weeks. There is less pressure on inventory, and suppliers are aggressive to raise the price. However, buyers have stocked before the Labor Day...

In Southeast Asia, polymeric MDI market remains stable compared to last two weeks, some cargos are sold out in the first two weeks, and downstream factories still remain weak purchase demand. Some offers from MDI makers keep unchanged...

In China Taiwan, market price keeps stable running, main quotations are around at USD 2,350-2,450/ton CIF, offers are less heard in the market this two weeks, deals are almost made in the first two weeks...

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