SunSirs: Supply Was Expected to Be Tightening, and MDI Was Consolidating
November 11 2024 09:21:05 SunSirs (John)
Price trend
According to the Commodity Market Analysis System of SunSirs, the recent consolidation and operation of the MDI market had resulted in a mainstream quotation of 18,300-18,400 RMB/ton for Shanghai goods (44V20, M20S, 5005) and 18,400-18,500 RMB/ton for domestic goods (PM200).
Analysis review
Due to the impact of the typhoon, the production of large factories in the north has been limited, and shipments have been delayed. At the same time, some factories in Shanghai have unexpectedly stopped, leading to extreme supply expectations and downstream demand entering the market.
Market outlook
It is expected that the aggregated MDI market will continue to operate to be stronger in the short term.
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