Today's market
MDI market
Aggregate MDI: The East China market is narrowed. Covestro’s guidance price is relatively low in the early trading. The offer is still low under the pressure of the industry’s shipments. The downstream inquiry atmosphere is cold and the transaction is average. At present, the reference price for the delivery of barrels in Shanghai is 13,200-13500 yuan/ton, and the reference of Wanhua barrels for delivery is around 14000 yuan/ton.
Aggregate MDI: The market learned that this week Shanghai Covestro will implement 13,600 yuan/ton on the distribution market, an increase of 1,100 yuan from the previous month
Aggregate MDI: the North China market is sorted out, and Covestro’s guidance price is relatively low in the early trading. Most industry players have a wait-and-see attitude. The overall offer is organized and operated within the mainstream range. The downstream just needs to enter the market and the transaction is deserted. At present, the quotes for the delivery of barrels in Shanghai with tickets are 13200-13500 yuan/ton, and the quotes for the delivery of barrels in Wanhua are 13800-14000 yuan/ton.
Aggregate MDI: The South China market has stabilized, and Covestro’s early offers remain relatively low. The industry tends to wait and see. The offer range is mainly adjusted, waiting for downstream follow-up. At present, the reference price for the delivery of barrels in Shanghai is 13,300-13500 yuan/ton, and the reference of Wanhua’s barrel delivery is around 14,000 yuan/ton.
MDI-50: The domestic market is relatively strong, and the on-site supply is tight. The industry is cautious about shipments under low inventory, and the high-level old customers are the main ones. The downstream is holding a wait-and-see attitude towards high prices and waiting for follow-up. At present, the negotiation of import goods in barrels with tickets is 24,500 yuan/ton, and the negotiation of Shanghai cargo and Wanhua goods in barrels with tickets is 25,000-25500 yuan/ton.
Liquefaction MDI: The domestic market is running sideways, and related products are currently trending relatively strong. The atmosphere in the liquefaction market has slightly turned around due to this. The downstream maintains just buying and following up. At present, the negotiation of Shanghai goods and imported goods in barrels with tickets is 14500-15500 yuan/ton.
Pure MDI: The domestic market is going up strongly, and the factory guide price is going up. The industry tends to follow the pace of the factory, and the offer is raised to a high position. The low price is reluctant to sell, the downstream price is high and the transaction resistance is obvious. Currently, East China, South China and Shanghai goods and imported sources of barrels with tickets out of the library offer reference 14000-14500 yuan / ton.
TDI market
TDI: The North China market waits and sees to sort out. Wanhua is strong in the early trading. The atmosphere in the market is a bit tangled. The industry does not want to sell at high prices, but does not want to sell at low prices. The overall stability is stable. Wait and see downstream to follow up. For domestic goods with tickets, please refer to 11800-12,000 yuan/ton, and for Shanghai goods with tickets, please refer to around 12,100 yuan/ton.
TDI: The South China market stabilized, and Wanhua rose again in the early trading. Reactions on the floor were average. The industry mostly maintained high offers and waited and watched downstream to follow up. However, the high prices did not move and the low prices did not want to sell, and the atmosphere was more tangled. At present, the quote for the delivery of domestic goods with tickets is 11800-12000 yuan/ton, and the quote for the delivery of Shanghai goods with tickets is 12000-12300 yuan/ton.
TDI: The East China market is sorted out. Wanhua once again raised the offer in the early trading. However, the atmosphere in the market was slightly tangled. High-priced shipments were blocked and it was difficult for the industry to report the increase, waiting for downstream follow-up. For domestically produced goods with tickets, refer to 11,700-12,000 yuan/ton, and for Shanghai goods with tickets, refer to 12,000-12200 yuan/ton.
Wanhua Chemical’s TDI listed settlement price this week was 13,000 yuan/ton, which was raised by 500 yuan/ton. The supply is in short supply, and the supply is 30% off this week.
Yantai Wanhua’s 300,000-ton/year plant will be shut down for maintenance on July 1, lasting about 45 days, and is expected to restart in mid-August.
The single-line operation of Wanhua Fujian's annual output of 100,000 tons/year.
Polyether market
About 80% of Shandong Bluestar Dongda’s 300,000-ton/year polyether plant is in operation, and the latest offer for bulk water is stable: the soft bubble 5631 is quoted at 13,600 yuan/ton, the high-rebound 330N acceptance offer is 13,850 yuan/ton, and the elastomer DL1000 The acceptance quotation is 14,100 yuan/ton, the acceptance quotation of elastomer DL2000 is 14,250 yuan/ton, and the acceptance offer of POP3628 is 13,350 yuan/ton. The actual order depends on the customer.
The 100,000-ton/year polyether plant of Shandong Yinuowei New Materials is operating normally. The latest offer for bulk water telegraphic transfer is stable: ordinary soft foam is quoted at 13,350 yuan/ton, high resilience 330N is quoted to 13,550 yuan/ton, hard foam R4110 is quoted at 11250 yuan/ton, elastomer (220) is quoted at 13,800 yuan/ton, real order Negotiable. (Barrel offer +600, acceptance offer +200)
DXN Federal's 330,000 tons/year polyether plant is gradually restored, and the latest offer for bulk water is stable: the price of soft foam is 13,600 yuan/ton, the price of high resilience 330N is 13,950 yuan/ton, and the price of elastomer DL1000/2000 is up to 14,250 yuan. /Ton, POP3628 is quoted at 13,800 yuan/ton, H30 is quoted at 13,200 yuan/ton, and POP2045 is quoted at 12400 yuan/ton. The actual order can be negotiated.
About 50% of Wudi Dexin Chemical’s polyether plant is in operation, and the latest offer for bulk water ex-factory: soft foam price 13,800 yuan/ton, high resilience 330N price 13,800 yuan/ton, elastomer 210/220 price 13,700 yuan/ton, POP -SD-100 is quoted at RMB 12,100/ton, the actual order is negotiable, and the price of POP3628 is tight.
The 150,000-ton/year polyether plant in Zhongshan, Jiangsu is currently operating at full capacity. At present, polyether acceptance ex-factory tax-included quotes: soft foam 2802 bulk water quoted at 14050 yuan/ton, high resilience (330N) quoted at 14700 yuan/ton, hard foam barreled quoted at 14150 yuan/ton, elastomer 210 barreled at 14900 yuan/ton Yuan/ton, the price of elastomer is 220 yuan per ton to 15000 yuan/ton, POP3628 is 14250 yuan/ton, and POP2045 is 13,200 yuan/ton.
Hard foam: Zibo Nuoli's 40,000-ton/year hard foam polyether plant is now under normal operation. The latest offer of 4110 non-oil-free barrel acceptance has been raised to 11,950 yuan/ton, and actual orders are mainly negotiated.
Hard foam: Hebei Quanzhen’s 10,000-ton/year hard-foam polyether plant has started about 50%. 4110 is now excluding oil in barrels. The latest price is 11,500 yuan/ton, and the actual order is negotiated.
Hangjin Technology (Fangdajinhua) polyether plant is currently running at about 50%. The latest offer for bulk water ex-factory is stable: soft foam price is 13600 yuan/ton, high resilience price is 13900 yuan/ton, elastomer is quoted 14000 yuan/ton, POP3045 is quoted at 12000 yuan/ton, 3630 is quoted at 12200 yuan/ton, hard foam The barrel price is 11,500 yuan/ton, and the actual order is negotiated.
Wanhua Chemical’s 200,000-tonne soft-foam polyether equipment is currently operating normally, and the latest offer from the factory is stable: soft foam F3156 offers 14,100 yuan/ton; high resilience (5,000 molecular weight) F3135 offers 13,600 yuan/ton; high resilience The price of bomb (6000 molecular weight) F3128 is 14000 yuan/ton, POP2045 is 12400 yuan/ton, and POP3630 is 13900 yuan/ton. The supply is tight, and the actual order can be negotiated.
Shandong Binhua's 100,000-ton/year polyether plant was operating at full capacity. At present, the latest quotation of the factory bulk water acceptance factory is stable: ordinary soft foam 5631 is quotation 13,700 yuan/ton, elastomer is 13,900 yuan/ton, high resilience 330N is quotation 13,800 yuan/ton, POP2045 is quotation 12,500 yuan/ton, and POP3630 is quotation 12800 yuan/ Tons, the spot is tight, the actual order is negotiable.
Nanjing Jinqi Chemical's 100,000-ton/year polyether plant is operating normally, and the latest offer for barreled cash exchange is stable: high resilience 330N is reported to be 14,800 yuan/ton, elastomer 220 is reported to 14,900 yuan/ton, and POP2045 is reported to 12400 yuan/ton. , POP3630 is quoted at 13,200 yuan/ton, soft foam and hard foam are mainly for export, temporarily not quoted. Real orders can be negotiated.
Hard foam: About 60% of the polyether plant in Hebei Yadong started. Barreled rigid foam polyether 4110 oil-free cash ex-factory price of 11,750 yuan / ton, a small number of orders.
Hard foam: Shandong Binhua hard foam polyether plant is operating at full capacity. Today, the hard foam polyether 4110 does not contain oil and bulk water at a factory price of 11,500 yuan/ton.
Hard foam: Changshu Yitong is currently operating normally, and barreled hard foam polyether 4110 does not contain oil and is offered at 11,600 yuan per ton.
Hard foam: today Ningbo Wanhua Rongwei 120,000 tons/year polyether plant is operating normally. Currently, hard foam polyether 4110: non-oil barreled cash ex-factory offer to 12,400 yuan/ton, oil-containing 12,000 yuan/ton barreled cash ex-factory , Real order can be negotiated.
Jurong Ningwu’s 300,000-ton/year polyether plant is running about 80%, and the latest price of all kinds of polyether spot exchange ex-factory is stable: soft foam polyether bulk water is reported to be 13,600 yuan/ton, and the price of high resilience 330N barrel is 14,300 yuan /Ton; the price of elastomer 210 is 14300 yuan/ton, POP2045 is 13800 yuan/ton, and POP3628 is 14300 yuan/ton. Hard foam 4110 barrels offer 12,800 yuan/ton, and the actual order can be negotiated.
The polyether market in South China remained stable on the sidelines, the spot on the market was tight, and the PO stabilized on the sidelines, but the downstream resisted and the buying was insufficient. At present, the soft foam disperse water is sent to the actual order reference 13800-14000 yuan/ton.
Hard foam: Today, the East China hard foam polyether market maintains stable operation, and the cost side PO is temporarily stable. The polyether factory offers stable and the downstream buying is weak, and the new orders are average. At present, the ordinary 4110 in cash exchange factory does not contain oil barrels of hard foam. The negotiation reference is 11500-11600 yuan/ton, and the price of other high-quality sources is slightly higher.
Hard foam: The North China hard foam polyether market has been sorted out. The raw material PO is temporarily stable, and the cost support stabilizes. The downstream just needs to wait and see, and the follow-up of new orders is limited. At present, the standard 4110 hard foam in the current exchange factory does not contain oil barrels. The negotiation refers to 11300-11600 yuan/ton.
Propylene oxide market
The propylene oxide market in Northeast China is operating on a wait-and-see basis. The local factory is producing normally. Recently, shipments have declined slightly. However, the external sales are limited and the previous shipments are better. The inventory is low and there is no pressure. For the time being, we will wait and see the Shandong offer. yuan / tonne.
The propylene oxide market in East China remains stable for the time being. Local downstream polyether orders have declined slightly. Recently, imported goods have gradually arrived in Hong Kong. Faced with high-priced PO, the purchase intention is slightly weak. At that time, the market was watching the surrounding areas and temporarily stabilizing the price. Refer to around 13100-13200 yuan/ton.
The domestic propylene oxide market in Shandong has stabilized. The raw materials propylene and liquid chlorine have rebounded slightly, but the profit margin has no impact for the time being. Over the weekend, polyether orders fell flat. Facing the weakening of high-priced PO purchase intentions, there have been more reductions in the past two days. Some traders on the market have loosened their shipments. However, the inventory of the factory is low and the offer is still strong. The current mainstream cash factory in Shandong The negotiated transaction reached RMB 12900-13000/ton.
