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China Polyurethane Monthly Report 201205
June 07, 2012    [Source:Pudaily]

TDI: TDI market in May continues to heat up. Bayer has shut down its TDI plant for maintenance; BASF restricts supply in preparation for turnaround in June; local suppliers are exporting products to other countries for higher profits. Consequently, supply is tighter than before...

Crude MDI: Crude MDI prices gradually go up in May due to limited supplies. At the end of April, market participants do not think the prices would go up and market stocks are low. At the beginning of this month, upstream suppliers’ list prices are stable, but supplies are much less than usual supplies...

Pure MDI: Pure MDI market rises stably in May. NPU’s USD offers are about USD2600-2630/ton. High purchase costs and tight resource encourage traders to raise prices, consequently, quotations gradually rise. Domestic manufacturers set list prices in June highly and both foreign...

Propylene Oxide: Propylene Oxide market goes downwards this month. Bearish sentiments permeate the whole market as sales become more difficult and imported resources are arriving. Though traders want to stabilize quotations...

Polyether Polyol: Buying sentiments among downstream clients seem inactive. Under the growing pressure over storage, the market price starts to drop. But transactions remain lackluster...

PTMEG: In May, Domestic PTMEG market is stable and some brands of stocks are sold at a low price in middle or late May. To spandex field, domestic SinoChem Taicang Chemical’s PTMEG facility is shut down...

Downstream: 219,112,800 units of furniture are produced from January to April with a YOY increase of 4.64%. In April, the figure makes at 55,536,900 with a YOY increase of 3.07%...

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