According to the Commodity Market Analysis System of Business Society, from May 6th to 11th, the domestic aggregated MDI market price increased from 16866 yuan/ton to 17033 yuan/ton, with a price increase of 0.99% during the cycle, a month on month increase of 3.55%, and a year-on-year increase of 12.65%. The domestic aggregated MDI market prices are slowly moving upwards, with limited spot filling and low inventory. Under the premise of downstream demand follow-up, the market supply is tight, and prices are driving up.

On the supply side, the Shanghai BASF plant maintenance plan for mid May will last for about a month. North American Sci Tech device shutdown. The European Hungarian Borsod installation is beyond our control. The maintenance of the Dow device in Germany is expected to take around 45 days. North American BASF installation force majeure. The shrinking supply of production enterprises is influenced by favorable factors in the supply side.

On the cost side, raw material pure benzene: The market price of pure benzene fluctuates narrowly, and the domestic supply of pure benzene has increased, but the demand for essential goods is stable. Shipping from the East China warehouse area is limited, and delivery is active, resulting in tight market supply and demand. As of May 11th, the benchmark price of pure benzene for Shengyishe is 8758.83 yuan/ton. Raw material aniline: Currently, the domestic aniline market is weak and consolidating. As of May 11th, the benchmark price of aniline in Shengyishe is 11267.50 yuan/ton. The cost side of MDI aggregation is influenced by bearish factors.

On the demand side, the downstream foam adhesive market has been following up with increasing orders, while social inventory continues to remain low. Hard demand orders are slowly following up, but with the rise of aggregated MDI prices, some downstream orders are struggling to follow up, with small orders mainly following up slowly. The short-term aggregate MDI demand side is influenced by favorable factors.

In the future market forecast, the supplier controls the quantity of goods to be shipped, but the filling of goods is slow. The overall driving force still exists, and the downstream consumer market is still able to follow up, with strong consumption capacity. Business Society’s aggregated MDI analyst predicts that the domestic aggregated MDI market is mainly strong and following up.