China Crude MDI Weekly Report

Product Description

Crude MDI prices in China market decline this week and market cools down. Manufacturers’ efforts to restrict supplies are finally offset by flat downstream demand. Though market supplies are tight, it appears to be seemingly sufficient as demand is flat and downstream clients consume their stocks. Traders hurry to sell stocks at current high prices....
Transaction is poor in North China and prices decline. Although manufacturers restrict supplies, it seems to be seemingly sufficient as downstream demand is flat. Downstream users procure on production need......
China Crude MDI market falls down this week and quotations fall by RMB******0/ton. Manufacturers’ efforts to limit supplies are offset by flat downstream demand. With downstream market entering into slack season, high prices will become more unacceptable and transaction prices are deemed to fall down. Crude MDI prices are expected to fall back in normal level in early July......