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Rising material price promote inland urethane market in half year

Rising material price promote inland urethane market in half year

Write: Pamee [2011-05-20]
Urethane industry that was in bad condition last year made histrionic change after half year continual increasing price of PTMEG lead to increasing inland urethane market price which have increased 10000Yuan compared with the beginning of year.
In the first five months, because inland part manufacture equipment stops production, the calm urethane material-PTMEG market was straining in supply. In the meanwhile, the skyrocketing price of THF also promotes the increasing of PTMEG price. The statistic shows that in June, the bargaining price of PTMEG is 2750-2800 USD, increased by 200USD compared with May. The average import retail price of East-China market is 27500-28000Yuan, average bargaining price of inland product is 25500-26800 Yuan, rising greatly compared with May. In July, PTMEG price still keep rising.
However, the price of other material of urethane--pure MDI market price keeps stable in high point. The statistic shows that the bargaining price of import MDI is 2310-2350 USD, equal to the one in May. East-China s import commodity price is 23300 Yuan with the quota 23800Yuan in July. Recently, with the continual rising of price of upstream material-MDI, part pure MDI factories have the intent to raise price with big resistance.
After Inland urethane enterprise deciding to increase the direction price of 40D urethane on June.6, inland urethane price was beginning to rise, until July.1, inland 40D urethane wasincreased to 55000Yuan while other products also rose correspondingly.