According to the Commodity Market Analysis System of Shengyi Society, from September 8th to 12th, the domestic aggregated MDI market saw a slight increase, with an average price of 14933 yuan/ton at the beginning of the week and 15083 yuan/ton at the end of the week, an increase of 1% during the period and a year-on-year decrease of 16.59%. During the week, the prices of aggregated MDI intermediaries saw a slight increase, with low-end prices rising and downstream inquiries increasing, resulting in limited transactions.

On the supply side, the 80000 tons/year MDI plant in Dongcao Rui’an restarted on August 26th and the plant has returned to normal.
On the cost side, pure benzene fluctuated this week. In recent times, the supply and demand of pure benzene have been strong, import pressure has eased, domestic maintenance and downstream demand have increased, and the supply and demand in the third quarter are expected to improve seasonally. The supply and demand of aniline market are stable, with minimal cost fluctuations, maintaining a stable trend.
On the demand side, downstream demand is average, the trading atmosphere is quiet, and transactions are mainly small orders.
Future forecast: The current supplier production is stable, the source of goods is filled quickly, and the willingness of intermediaries to raise prices is strong. We will closely monitor the actual transaction situation and expect a narrow consolidation and operation of the aggregated MDI market in the short term.