Most of May is the off-season of terminal demand, and some production enterprises have plans to reduce the load. The price of domestic aggregate MDI market has dropped again. Up to now, the domestic aggregate MDI market is in the doldrums, and traders mainly offer more low prices. According to the sample data monitored by the business community, as of May 10, the domestic aggregate MDI market price was 17550 yuan / ton, with a month on month decrease of 12.80% and a year-on-year increase of 46.25%.

As of May 10, domestic aggregate MDI market summary:

Region, Wanhua goods, Shanghai goods

North China and Shandong 17200-17300 yuan / ton 17000-17100 yuan / ton

South China About 17400 yuan / ton 17100-17200 yuan / ton

East China 17300-17400 yuan / ton 17000-17200 yuan / ton

As of May 10, domestic aggregate MDI traders’ market summary:

The main reason for the current market downturn is still poor demand and lack of motivation. The price weakness of domestic aggregate MDI market remains unchanged. International oil prices rose, but India’s severe epidemic restrained the rise. In terms of raw materials, the market prices of pure benzene and aniline rose sharply, which was favorable for the market orientation of polymer MDI. The downstream industry is mostly off-season demand buy gas in general, the price is difficult to pull in the short term.

For enterprises, Shanghai Lianheng MDI phase II plant is planned to be shut down for maintenance in mid May for about 32 days, and is expected to resume production on June 16; It is located in Dongcao, Nanyang, Japan, with a capacity of 200000 tons / year. The overhaul started on May 6, and the overhaul time is about 45 days.

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market is mainly in the doldrums.