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China Polyurethane Monthly Report 202202
March 22, 2022    [Source:PUdaily]

1. General Statement

1.1 Polyurethane Market Overview and Forecast

1.2 Polyurethane Index Analysis

The PU composite index rose in February. Isocyanate products like pure MDI and TDI recorded the high jump. The AA market moved up broadly. The BDO market price went up sharply, but the downstream THF market consolidated weakly and PTMEG market price dropped sharply. The PO and polyols fellas as buyers began to withdraw from the market and place orders sporadically, trading became thin.

The soft foam index increased in February. China TDI market continue to be in firm running, and moved back at the end of the month.  polyether polyols market continued to move up based on strong cost of cyclopropane after Chinese New Year. With the rapid rise in the price of PO and the rigid demand to be increased, the market wait-and-see atmosphere was heating up, and the new orders shrank to the average or even slightly lower level. In addition to some rigid demand consumption, the downstream purchasing willingness was not high, and the new orders of polyether polyols suppliers had dropped significantly ...

1.3 PUdaily Market View

2. Polyurethane Raw Material Market

2.1 Isocyanate Industry Chain

2.1.1 Polymeric MDI

China polymeric MDI market price continued to rise ......

2.1.2 Pure MDI

China Pure MDI market price rocketed up in October...

2.1.3 TDI

China TDI market remains in stable running in October...

2.2 PO/PPG Industry Chain

2.2.1 PO

PO market remains high in early October...

2.2.2 Polyether Polyols

The flexible slabstocks polyols market keeps same step with PO market...

2.3 PU Resin Industry Chain

2.3.1 AA

China AA market runs ......

2.3.2 BDO

In Oct, China BDO market kept moving up

2.3.3 PTMEG

China's PTMEG market continued to rise in ...

3. Southeast Asia & India PU Market

3.1 TDI

3.2 MDI

3.3 Polyether Polyols

4. Polyurethane Products Market Analysis

4.1 Flexible Foam

4.2 Rigid Foam

4.3 PU Resin

5. Downstream Industries

5.1 Upholstered Furniture

5.2 Automobile

5.3 Home Appliances

5.4 Building Insulation

5.5 Light Leather

5.6 Footwear

5.7 Coatings

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