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China Polyurethane Monthly Report 201208
September 07, 2012    [Source:Pudaily]

TDI: In early August, TDI market remains soft as that in late July. In South China, TDI quotations are increased by small margins due to the late arrival of resources. In East and North China, TDI price keeps dropping as transactions are unsatisfactory......

Pure MDI: China Pure MDI market slowly climbs this month. Early this month, the market is steady and prices stay at around RMB21300-22300/ton; traders are unwilling to sell inventories due to limited stocks. In middle August, supplies become tighter in light of suppliers’ poor operating condition and delayed imported cargoes. Prices begin to rise. Likewise, crazily climbing Polymeric MDI market also gives support for Pure MDI price increase. Late August, suppliers’ list prices are gradually released, though RMB400/ton higher over August, it is positive enough to buoy the market sentiment......

Propylene Oxide: In the first half of this month, Propylene Oxide price rises by great margins due to tight supply and active buying sentiments. However, downstream consumption can not follow up PO price increase......

PTMEG: In August, PTMEG market runs steadily and the actual negotiation atmosphere is mediocre. In spandex field, Darien offers stable quotations in August and the actual acceptance prices are also steady. However, the overall downstream clients still purchase stocks on a needed basis as the traditional busy season has not arrived......

 

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