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SE Asia & India Isocyanates Market Analysis 20160815-20160826
August 31, 2016    [Source:PUdaily]

TDI

In the second half of August, there are two import cases happening to the market. The first one is that MCNS restarts its Omuta TDI plant, which is expected to exert some influence on SE Asia TDI market in future. The supplier may focus more on SE Asia market, instead of the Middle East and Africa market, and the Japan TDI market is estimated to consume half of its output annually. The second case is that the new 300 kt/year TDI ...

In China, TDI market goes up by RMB 600-800/ton compared with Aug. 12 with local RMB price touching RMB 17,500-18,000/ton supported by limit supply and price hikes among local suppliers. The uptrend in August makes TDI price to touch an average price of RMB 18,100/ton, even higher than the first peak of RMB ...

Polymeric MDI

The polymeric MDI market in Southeast Asia has been softening in recent two weeks in absence of trading negotiation amidst ample supply and weak demand whilst price bullishness in China helps shift market sentiment to a little bullish as market participants believe this could influence the trend in ASEAN market, according to market sources...

Pure MDI
The pure MDI market has maintained largely stable with price range heard from sellers at USD 1,820-1,850/ton CIF. Compared with pure MDI, it’s said that prepolymer is more popular in this region in light of the convenience of transportation and storage...

Polymeric MDI

Polymeric MDI prices have been edging downward significantly with mainstream price range heard USD 1,350-1,400/ton CIF, with upper end for Japan and South Korea sources and the lower end for Chinese cargoes as some suppliers are heard to offer low prices to attract buyers, which weighs down the market and prices, according to market sources...

Pure MDI

There is limited pure MDI offering heard in India and workable range is deemed at USD 1,820-1,850/ton CIF. As heard from local sources, most end users prefer purchasing prepolymer rather than pure MDI due to more ...

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