Weekly Market Overview
China pure MDI market went uptrend this week. Supply side: In the first half of the week, the news on supply and demand sides was rarely heard, and the prices of pure MDI remained stable, but the negotiated price fell slightly. Since the middle of the week, affected by the news of MDI force majeure in ...
As of Friday (Jun. 10), mainstream reference offers for pure MDI in China are around CNY ***-***/ton, up CNY **-**/ton from that of last Thursday (Jun. 02).
Table 1 Price Comparison of Pure MDI Between Weeks in China (CNY/ton, USD/ton CIF China, drum)
Region |
10th June |
2nd June |
Change |
East China |
*** |
*** |
** |
South China |
*** |
*** |
** |
North China |
*** |
*** |
** |
Imported * |
*** |
*** |
** |
* USD/ton, CIF China
Downstream Industry
PU resins for synthetic leather: China synthetic leather resin market was under consolidation after the Dragon Boat Festival. The prices of feedstock DMF consolidated at higher levels than at the beginning of June; those of pure MDI climbed up; those of AA consolidated while going upward; and those of BDO were under consolidation. Thus...
PU resins for shoes sole:China sole resin market consolidated at low level after the Dragon Boat Festival. The prices of feedstock pure MDI ticked up; those of AA consolidated while moving up; and those of BDO consolidated. Thus...
Spandex: China spandex market declined after the Dragon Boat Festival. The prices of feedstock BDO consolidated at higher levels; whereas those of THF and PTMEG remained low. Thus costs lent weak support to spandex prices...
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