Weekly Market Overview
China polymeric MDI market rebounded broadly this week. Supply side: The news on Monday that Covestro's guide price of polymeric MDI for this week remained unchanged with supply reduced stabilized the market mentality and price stopped falling (market prices lower than CNY 16,000/ton were gradually disappeared). On the other hand, the prices of MDI’s main raw materials such as pure benzene and aniline were rosing firmly and had been stood at high levels. So Chinese polymeric MDI traders' sentiment was further strengthening. The quotations of polymeric MDI ...
As of Friday (Jun. 10), the reference prices for polymeric MDI in China are around CNY ***/ton, increasing by CNY ***/ton from that of last Thursday (Jun. 02).
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 |
*** |
*** |
*** |
M20S |
*** |
*** |
*** |
5005 |
*** |
*** |
*** |
44V20 |
*** |
*** |
*** |
MR200 (China) |
*** |
*** |
*** |
MR200 (Japan) * |
*** |
*** |
*** |
M200 (South Korea) * |
*** |
*** |
*** |
* USD/ton, CIF China
Table 2 Price Comparison of Polymeric 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
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