The aggregated MDI market narrowed downwards, while the offer prices in East China and North China were lowered to varying degrees. Traders still have low prices under the quotations. Their prices have declined from around RMB 100-200/t in the previous few days. The South China market is relatively strong, but Coatings and other industries did not start smoothly, raw material purchases were limited, and transactions were insufficient.

At present, Wanhua's low-end supply price is around 16,500 yuan/ton, 44V20 and M20S are around 16,500-16,600 yuan/ton, and Japan and South Korea's goods are around 16,300-16,400 yuan/ton. Longzhong Information expects that the polymerization MDI market will continue to decline in the future.

The raw material aniline market is operating steadily. The prices of raw materials** were slightly optimistic about the market in the near term, but the market was affected by the reduction of low-priced supply in the northwest, and there was no special impact on the aniline factory relying on contract replenishment. The cost of aniline remained stable at 10,600. Yuan/ton nearby. Downstream demand has not improved. Participants maintain short-term operations and buy small orders under rigid demand. The market price in East China is between 10800-11000 yuan/ton, and that in North China market is 10,900 yuan/ton. (Longzhong Quotes)

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