The PMDI Price will Continue to Decline in July
2018-06-29    [Source:PUdaily]
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PUdaily, Shanghai-- So far this year, the PMDI price movement has experienced a pattern of sharp decline, small rebound, and downward trajectory, as shown in the figure below. According to the statistics of PUdaily, the quotation for PMDI at the beginning of the year was RMB 26,500-27,000/ton. In March, it fell to RMB 19,000-21,000/ton before beginning to rebound. At the beginning of May, the price rose to RMB 22,000-22,500/ton and then went down again. As of June 26, the price had fallen to RMB 19,200-20,800/ton. As the price is about to reach RMB 19,000/ton and this month will come to an end, will the market reach a turning point? And how will the price move in July? Next, PUdaily will forecast the price trend in July by analyzing the supply and demand as well as the manufacturers’ policy...
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