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China Polymeric MDI Weekly Report Sample
May 11, 2022    [Source:PUdaily]

Weekly Market Overview

 

China polymeric MDI market fluctuated within a narrow range this week. Although the epidemic situation in Shanghai improved during the week, the problem of blocked freight and logistics wasn’t significantly alleviated, and there was still a shortage of Shanghai goods in the market. This week, Tosoh Ruian closed offers for polymeric MDI and suspended orders, and Tosoh’s facility in Japan was shut down for maintenance in this week. The list prices of polymeric MDI released by Chinese mainstream suppliers decreased in May, and traders had different attitudes towards the market outlook. In the first half of the week, a few traders were cautious and reluctant to sell out, with prices rising slightly; in the second half of the week, the negotiated prices in the market were generally stable and slightly down. Most downstream manufacturers maintained small orders based on rigid demand, and the overall supply and demand sides were still in weakness. As of April 29, the reference prices for polymeric MDI in China are around CNY 18,300-18,500/ton, decreasing by CNY 200/ton from the same period last week. 

 

As of May 6, the reference prices for polymeric MDI in China are around CNY 18,000-18,200/ton, decreasing by CNY 300/ton relatively from April 29. 

 

Table 1 Price Comparison Among Varied Brands of Polymeric MDI in Varied Regions of China (CNY/ton, USD/ton CIF China, drum)
Brand
East China
South China
North China
PM-200
18,500-18,500
18,400-18,500
18,400-18,500
M20S
18,300-18,500
18,300-18,400
18,300-18,400
5005
18,300-18,500
18,300-18,400
18,300-18,400
44V20
18,300-18,500
18,300-18,400
18,300-18,400
MR200 (China)
18,400-18,500
18,300-18,500
18,400-18,500
MR200 (Japan) *
2,340-2,340
2,340-2,340
2,340-2,340
M200 (South Korea) *
* USD/ton, CIF China, based on the market prices on 29th April. The same below.
 

Table 2 Price Comparison of Polymeric MDI Between Weeks in China (CNY/ton USD/ton CIF China, drum)

Region
29th April
22nd April
Change
East China
18,300-18,500
18,500-18,700
-200, -200
South China
18,300-18,400
18,600-18,600
-300, -200
North China
18,300-18,400
18,700-18,800
-400, -400
Imported *
2,340-2,340

* USD/ton, CIF China

 

Click here for a sample:

userfiles/China Polymeric MDI Weekly Report Sample.pdf

 

 

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