Price trend

According to the Commodity Market Analysis System of SunSirs, the MDI market has recently stopped falling and risen. As of April 23rd, the mainstream price for Shanghai goods (44V20, M20S, 5005) was 14,800-15,000 RMB/ton, and the mainstream price for domestic goods (PM200) was 15,200-15,800 RMB/ton.

Analysis review

Boosted by news of major manufacturers' lockdowns, sales restrictions, and maintenance plans, the supply side actively pushed up prices, downstream sentiment entered the market, and intermediaries bought inventory at low prices.

Market outlook

The import costs were highe and supply tighted . It is expected that the MDI market will continue to operate to be stronger in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.