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SE Asia & India Isocyanates Market Analysis 20160530-20160617

June 21, 2016 [Source:PUdaily]

Southeast Asia

TDI

Southeast Asia (hereinafter referred to as SE A or SE Asia) TDI market maintains quiet running with no movement in the first half of June, in comparison with that of the end of last month. At the beginning of June, major suppliers from China and South Korea raise their offers for June shipment to USD 2,400-2,500/ton CIF SE Asia...

Polymeric MDI

The polymeric MDI market in Southeast Asia is reported to rise up marginally at the beginning of this month, instead of expected rollover at first, triggered by one supplier’s price hike but the market maintains stable afterwards amid proceeding negotiations, according to market sources...

Pure MDI

The Japanese supplier offers June shipment at USD 1,900/ton CIF Southeast Asia whilst trading range is deemed at USD 1,800-1,850/ton CIF. Wanhua Chemical is offering at USD 1,850/ton CIF Thailand but a source...

India

TDI

In India, the TDI market is still stable-to-firm in the first half of June after price falls down to USD 2,200-2,350/ton CIF India from USD 2,300-2,400/ton initially from major suppliers. Local demand is not strong...

Polymeric MDI

The polymeric MDI market in India moves into a firmer frontier early this month as supplier’s price hike coupled with speculative sentiment amidst shortening supply has helped underpin the market, said by local...

Pure MDI

Pure MDI prices in India are pegged at USD 1,900-1,950/ton and demand is said to be reasonable in footwear which is expected to dwindle in the upcoming month on low seasonality...

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