I. price trend

According to the price monitoring of the business agency, as of November 15, the average price of the domestic aggregate MDI market was 12525 yuan / ton. The price fell 2.34% month on month and 2.53% year on year. The overall market is relatively strong.

II. Market analysis

Product: domestic aggregate MDI quotation range is relatively strong. Near the end of the week, the tight situation of goods in the field is hard to change. The first-class agents have been firm this week, they are reluctant to sell goods, and the downstream inquiry and purchase are weak. The market has learned that the price of 141b foaming agent has a downward trend, and the demand for rigid foam may increase in the future. The market short-term supply side tension is hard to change, and Longzhong information expects the market price consolidation to continue today.

In terms of market, North China and Shandong aggregate MDI market digested the growth, the spot market was still tight, the downstream market was the most cautious, the market high-level trading was not smooth, and the industry kept stable shipment. East China aggregate MDI market horizontal consolidation. The market continues to be tight, the middlemen stick to their offer, the downstream is cautious, and the market is limited. South China aggregate MDI market range consolidation. There is no obvious change in the market fundamentals, the spot market is tightening, the operators are reluctant to sell at low prices, and the market price is gradually reduced.

Industrial chain: in terms of raw materials, Asian pure benzene Market: in January, the Buyer intends to buy 650 US dollars / ton CFR in China, and in January, the Buyer intends to buy 645-649 US dollars / ton fob in South Korea. Domestic pure benzene Market: the negotiation of East China pure benzene market went up, with reference to 5400-5500 yuan / ton. Some of the offers were slightly higher, and the port inventory remained low. The external price of pure benzene continued to rise and boost, and it was difficult to find low-cost sources in the downstream. The negotiation of goods in the far month was 5250-5300 yuan / ton, and the short-term market remained stable.

Aniline: aniline market consolidation. This week, the enterprise has a ship to carry out, to prepare goods for the ship, but the northern enterprise stores the shipping pressure, and the enterprise keeps stable shipping.

III. future forecast

From the perspective of business community: on the positive side, enterprises have less market volume; suppliers intend to stabilize the market. In terms of bad news, the terminal just needs to be improved to a limited extent; some downstream still have pre inventory, mainly digesting inventory. MDI analysts predict that the short-term domestic aggregate MDI market is stable, moderate and strong.