According to the Commodity Market Analysis System of Shengyi Society, from September 1st to 5th, the domestic aggregated MDI market experienced a slight decline, with an average price of 15250 yuan/ton at the beginning of the week and 15083 yuan/ton at the end of the week, a decrease of 1.09% during the period and a year-on-year decrease of 15.58%. The factory started operating steadily within the week, but the downstream market enthusiasm was not high, resulting in low transaction volume.

On the supply side, the 80000 tons/year MDI plant in Dongcao Rui’an restarted on August 26th and the plant has returned to normal.
On the cost side, pure benzene fluctuated this week. Recently, pure benzene ports have been destocked, import pressure has eased, domestic maintenance and downstream demand have increased, and supply and demand are expected to improve seasonally in the third quarter. Aniline prices are temporarily stable.
On the demand side, downstream demand is average, the trading atmosphere is quiet, and transactions are mainly small orders.
Future forecast: Currently, the supplier’s production is stable, the source of goods is filling up quickly, the intermediary’s goods are not smooth, and the market inventory pressure is increasing. It is expected that the aggregated MDI market will maintain a weak trend in the short term.