According to the Commodity Market Analysis System of Business Society, the domestic aggregated MDI market is operating at a high level. From August 21st to 25th, the domestic aggregated MDI market price increased from 17550 yuan/ton to 17766 yuan/ton, with a price increase of 1.23% during the cycle, a month on month increase of 9.67%, and a year-on-year increase of 13.89%. The overall supply is still relatively limited, and the overall price fluctuations in the market are slow, with a narrow range of consolidation.
On the supply side, the overall supply is relatively limited. The supply side is influenced by favorable factors.
On the cost side, pure benzene is the main raw material in the domestic pure benzene market. As of August 25th, the benchmark price of pure benzene in Shangshang Society was 7867.17 yuan/ton, an increase of 7.96% compared to the beginning of this month (7287.17 yuan/ton). Raw material aniline: Domestic aniline has continuously increased. As of August 25th, the benchmark price of Shangshang Society’s aniline was 11292.50 yuan/ton, an increase of 12.50% compared to the beginning of this month (10037.50 yuan/ton). The cost side of aggregated MDI is influenced by favorable factors.
On the demand side, under the traditional peak season of the pipeline industry, the overall performance is average, while other industries have not changed much recently. The demand for short-term aggregated MDI is mixed.
In the future market forecast, the supply side is positive, and downstream demand is turning to average. Analysts from Business Society Aggregated MDI predict that the domestic aggregated MDI market is mainly focused on consolidation and wait-and-see.