According to the Commodity Market Analysis System of the Business Society, the domestic aggregated MDI market is weak and sorted out. From July 3rd to 7th, the domestic aggregated MDI market price dropped from 16300 yuan/ton to 16280 yuan/ton, with a weekly price drop of 0.12%, a month on month increase of 0.124%, and a year-on-year decrease of 7.18%. Production enterprises’ quotations remained stable, their support for the market weakened, and downstream demand was mainly in demand. Traders’ quotations were narrowed down.

The supply side is relatively abundant in the market.

On the cost side, the raw material pure benzene is experiencing fluctuations and rising prices in the domestic pure benzene market. The crude oil and styrene market also showed strong performance, and the industry’s mentality towards the future market has recovered, with a slight shift in the focus of negotiations. On July 7th, the benchmark price of pure benzene for Shangye Society was 6228.83 yuan/ton, an increase of 0.73% compared to the beginning of this month (6183.83 yuan/ton). Raw material aniline: The price of domestic aniline has continuously decreased. The supply of aniline is sufficient, although it is affected by factors such as the off-season of consumption in downstream summer, traders and downstream users have weak stocking intentions and poor purchasing interest. On July 7th, the benchmark price of aniline in Shangshang Society was 9325.00 yuan/ton, a decrease of -8.80% compared to the beginning of this month (10225.00 yuan/ton). The cost of aggregating MDI is mixed.

On the demand side, the buying momentum on the demand side is weak, and the demand for the cold industry is slightly shrinking. The peak season demand in the pipeline market has not yet started, and the market follow-up is relatively average, resulting in insufficient overall boosting power. The short-term aggregate MDI demand side is bearish.

In the future market forecast, the current transaction is weak, and analysts from Business Society’s aggregated MDI predict that the domestic aggregated MDI market is mainly weak and organized.