According to the Commodity Market Analysis System of the Business Society, the domestic aggregated MDI market has slightly rebounded. From May 22 to 26, the domestic aggregate MDI market price rose from 15180 yuan/ton to 15200 yuan/ton, with a weekly price increase of 0.13%, a month on month decline of 4.16%, and a year-on-year decline of 12.14%. The atmosphere of the domestic aggregated MDI market has warmed, and as prices rise, the ability to follow up has weakened. The overall downstream digestion ability has not changed much, and the market is mainly driven slowly.

On the supply side, the overall changes in the equipment are not significant. The initial maintenance plan for the 130000+70000 ton/year MDI distillation unit in Dongcao, Japan, is expected to be around January, which will affect the 80000 ton/year MDI distillation unit in Dongcao Ruian, China. It is expected that the supply and inventory of goods will decrease slightly.

On the cost side, the domestic pure benzene market continues to decline, and the overall demand atmosphere is weak. Downstream consumption of raw material inventory is the main factor. On May 26th, the benchmark price of pure benzene for Shangshang Society was 6752.17 yuan/ton, a decrease of -9.17% compared to the beginning of this month (7433.83 yuan/ton). Raw material aniline: The domestic aniline market has rebounded slightly. The main reason is that downstream pickup has improved, and aniline factories have been smoothly restocking, driving prices up. The cost of aggregating MDI is mixed.

On the demand side, the overall downstream follow-up is relatively slow, and bargain-hunting and replenishment can still maintain order volume. However, after the price rises, the overall buying sentiment is weak, and the increase is suppressed. The short-term aggregate MDI demand side is relatively short.

In the future market forecast, as prices rise, the market atmosphere gradually weakens, and traders’ quotes are scarce, with a focus on wait-and-see. Analysts from Business Society Aggregated MDI predict that the domestic aggregated MDI market will be sorted and operated.