SunSirs: Production and Sales Were Weak, and the MDI Market Was Running Weakly and Steadily

https://www.chemnet.com   Aug 26,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, the MDI market has been operating weakly and steadily recently. The mainstream quotation for Shanghai goods (44V20, M20S, 5005) was 17,200-17,400 RMB/ton, and the mainstream quotation for domestic goods (PM200) was 17,500-17,600 RMB/ton.

Analysis review

The trading volume of actual orders on the market was limited, the demand side follow-up was poor, the trading atmosphere was average, and the market follow-up was insufficient. Therefore, digestion and consolidation were necessary.

Market outlook

It is expected that the MDI market will maintain a balance between production and sales in the short term.

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