According to the Commodity Market Analysis System of Shengyi Society, from August 18th to 22nd, the domestic aggregated MDI market experienced a slight decline, with an average price of 15683 yuan/ton at the beginning of the week and 15633 yuan/ton at the end of the week, a decrease of 0.32% during the period and a year-on-year decrease of 9.72%. The factory started operating steadily during the week, and traders followed the market trend. There were fewer inquiries on site, and the trading atmosphere was quiet.

On the supply side, the maintenance of the 80000 ton/year MDI plant in Dongcao Rui’an will begin on July 23rd and is expected to last for about 35 days.
On the cost side, pure benzene fluctuated slightly this week. As the end of the month approaches, downstream procurement is coming to an end, and the pressure on intermediaries to ship is increasing, resulting in a downward shift in the focus of transactions. Overall, with the increase in import volume and the production of new production capacity, the demand side is struggling to keep up, and the fundamentals are weak, resulting in a sluggish rise in the pure benzene market. The price of aniline is temporarily stable.
On the demand side, downstream demand is average, the trading atmosphere is quiet, and transactions are mainly small orders.
Market forecast: As the end of the month approaches, the settlement prices of major companies are about to be released, and the market is waiting for more guidance from news sources. It is expected that the short-term aggregated MDI market will experience narrow fluctuations.