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SE Asia & India Isocyanates Market Analysis 20160620-20160701
July 05, 2016    [Source:PUdaily]

Southeast Asia (hereinafter referred to as SE A or SE Asia) TDI market keeps stable-to-soft running in the second half of June. Most end buyers take cautious attitudes toward market trend, waiting for July offers from suppliers, while most TDI suppliers show firm stance with some hiking prices to test the market. The Japan TDI...

Furthermore, as for the biggest Korea TDI producer, it is said that around 2,000 tons of TDI are transferred from South Korea plant, and 3,900 tons of TDI from China plant to Europe tanker in May, the first case of cargoes transferred from China in 2016, when the new 300 kt/year TDI plant is still off-line, and market rumors...

The polymeric MDI market in Southeast Asia is reported to stay largely unchanged late June but price difference is narrowing down among countries with lower end catching up on the back of slightly reduced availability from northeast Asia after one major in South Korea declares force majeure middle June and ...

In Thailand, spot availability retains good in light of ample supply from China and Japan despite one Korea based major supplies reduced volume. Most suppliers offer at around USD 1,450/ton CIF Thailand while one...

There is a little offering for pure MDI late June and sporadic offering is reported at USD 1,900-1,950/ton CIF ...

In India, the TDI market price is reported at around USD 2,200-2,400/ton CIF. Rainy season starts in the country which causes demand of TDI to be decreasing for the next two months. The biggest Korea TDI supplier...

Polymeric MDI prices regain speculatively middle June following one South Korea plant’s force majeure statement on MDI supply that rekindles concern over supply tightness on top of ongoing turnaround in Japan ..

Pure MDI demand is decreasing in India amidst ongoing rainy season that is not appropriate for such production in terminal market, including footwear and adhesive. Pure MDI (including modified MDI) imports in...

SE Asia TDI market is expected to maintain stable-to-firm running in the first half of July with possibilities that some suppliers may continue to hike prices for around USD 50/ton, as the market turns a little chaotic with delayed restart at the Japan supplier. Currently, when restart at Japan supplier has not spread out in the public...

Southeast Asia: low seasonality is likely to dominate the regional market early July in Thailand, Indonesia and Malaysia whilst demand in Vietnam continues staying in positive territory compared with last year but might...

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