A Review of the Pure MDI Market in H1 and market Outlook for H2
2018-07-30    [Source:PUdaily]
PUdaily, Shanghai-- 1. Market review The overall price of pure MDI in the first half of 2018 is higher than that in the same period last year, as shown in the figure below. In the first two months, the price went up due to the force majeure on facilities and the strong downstream demand. Into March, the price came down as the operation of facilities gradually became stable, and the downstream sectors entered the off-season. In April, although the production load of downstream sectors such as PU resins for synthetic leather and PU resins for shoes sole stayed low, that of spandex sector was high. As a result, the overall downstream demand was stable, which provided some support to make the price remain stable. By the end of June, the ruling offer for pure MDI was RMB 28,000-29,000/ton...
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