2022.March.22 Polyurethane raw material market information

The domestic aggregated MDI market continued to decline. Yesterday, the weekly guidance price of Covestro and Tosoh was lowered to 18,100 yuan/ton.
Yesterday, TDI's domestic market was on the strong side, and the Shanghai factory announced a guide price of 20,700 yuan/ton, a month-on-month increase of 500 yuan/ton.
Yesterday, the domestic propylene oxide market was strong and continued to rise. Although the overall performance of terminal polyether new orders was average, in view of the overall low start of PO construction in the northern region of the supply side, the market was still slightly supported, and factory offers continued to push up slightly. At present, the logistics flow between regions is still slow. On the cost side, propylene fluctuates in a narrow range around 8,000 yuan/ton. In terms of liquid chlorine, due to logistics restrictions, the price of liquid chlorine has risen slightly in some areas. The overall fluctuation is 500-1,000 yuan/ton, and the profit margin is still above 1,000 yuan/ton.
Shandong Binhua has 3 sets of 280,000 tons/year propylene oxide units running at 50% load; some of them are used for their own use.
Wanhua Chemical's Yantai polyether plant is in normal operation, and the factory's latest offer news: the ex-factory price of soft foam F3156 bulk water is 13,700 yuan/ton, the ex-factory price of high-rebound F3135 bulk water is 13,700 yuan/ton, and the ex-factory price of POP2045 bulk water is 14,200 yuan/ton. ton, POP3630 bulk water is now 14,200 yuan/ton.
Today, Ningbo Wanhua Rongwei's 120,000-ton/year polyether plant is in normal operation. The current price of rigid foam polyether 4110 oil-free barrels is 15,500 yuan/ton.
Yantai Wanhua's two sets of 540,000 tons/year propylene oxide are running at 90% of the overall load, and the offer is executed at 12,500 yuan/ton.
Shi Dashenghua's 40,000-ton/year plant is running at 70% of the load, and the latest offer of propylene oxide from the factory has risen by 100 yuan to 11,800 yuan/ton.
Shandong Binhua has 3 sets of 280,000 tons/year propylene oxide units running at 50% load; some of them are used for their own use.
The latest guide price of Dow polyether for East China: soft foam bulk water reference 13,000 yuan / ton, elastomer barrel reference 15,200 yuan / ton.
Ningbo Wanhua Rongwei's 120,000-ton/year polyether plant is in normal operation, and the current price of rigid foam polyether 4110 oil-free barrels is 15,500 yuan/ton.