BASF announces price increase for polyurethane
Comments: The price increase is mainly to make up for the increase in the cost of raw materials.
From the domestic point of view, on August 16th, polymerization MDI has been maintained at 15,650 yuan/ton since late July, and pure MDI has risen by RMB 300/ton from 16,150 yuan/ton at the end of July to 16,450 yuan/ton.
According to the China Polyurethane Industry Association, from an international perspective, in August, the aggregate MDI supplier offer level decreased compared with July. A foreign supplier’s offer was at 1740-1750 US$/ton (CFR China main port). The transaction was concluded in this interval, but the trading volume was limited. Another supplier of foreign goods was offered at $1800/tonne (CFR China main port). No transaction was confirmed yet. On August 5th, the Qingdao TDI price was stable at RMB 20,500/t. , Sales can still, inventory in general. Early August, Guangzhou diethylene glycol market price loose, some domestic prices are slightly lower, imports of scarce supply, affected by the short-term market adjustment, quote loosening to 9100 yuan / ton. East China glycol The market has experienced stagflation and sellers have increased shipments. Some merchants have expressed their intentions to ship at 6350-6400 yuan/ton in Zhangjiagang, and the big intentions are at 6,300 yuan/ton for cans. Most of the recent transactions are mainly made by traders. Ester factory has a considerable inventory, procurement is limited. Yanshan Petrochemical ethylene glycol factory price raised 300 yuan / ton to perform 6800 yuan / ton, the company's ethylene glycol plant running smoothly, the main product is still within the main spot sales are not much , The recent purchase of peripheral users is positive, the manufacturers are in good condition and the inventory is low.