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China Polyurethane Monthly Report 201212
January 08, 2013    [Source:PUdaily]

TDI: China TDI plunges into deeper declining in the first hall of this month amid prevailing selloffs among distributors trying to complete annual sale quota regardless of margins; spot TDI prices even hit below RMB20800/ton in east China. Nonetheless, the market picks up itself in the rest of December on speculations amid reduced prompt cargoes...

Polymeric MDI: Polymeric MDI has spent most of this month staying in negative territory with slight loss each week resulted from anemic demands, but the market somehow recoups some ground in the last week of the month pulled up by firm sentiment among most distributors amid limited cargoes in spot market. Prices rise to RMB18200-18700/ton on December 28 from RMB18200-19000/ton at the beginning of this month...

Aniline: Domestic aniline market has been keeping firm bolstered by strong feedstocks benzene market and prices stay high throughout this month. Some manufacturers, with low operating, hike prices in keeping with high ...

Pure MDI: China pure MDI market has been running with weak note in December and prices fall by RMB500-600/ton over last month at RMB20800-22100/ton assessed at the end of the month...

Benzene: China benzene maintains at high price level due to supply tightness in domestic market and prompt cargoes are difficult to be found in spot market...

Propylene Oxide: Early of this month, domestic propylene oxide market continues its declining trend. However, as PO market prices are closed to cost and some PO factories reduce operating rates or shut down facilities...

Polyether Polyols: Currently on one hand, raw material market supply is tight and prices move upwards strongly; on the other hand, inventory for polyether polyols is not high after previous consumptions. Therefore...

PTMEG: In December, domestic PTMEG market is under stalemated adjustment. To raw material, BDO market continues declining. Regarding downstream spandex market...

Downstream Industries:

1. Upholstered Furniture...

2. Home Appliances...

3. Household Freezer...

     ...

News Spotlight in December...

 

 

 

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