08 Years Of Polyurethane, "This Spring Is Not Too Warm."

From the beginning of this year's freezing disaster, it seems that this year's polyurethane raw materials will enter a relatively cold spring.

The continued weakness of the main downstream industries always restricts the market development of upstream raw materials.

The export of leather, textile and footwear industry has been greatly reduced, coupled with the influence of domestic objective policies. The whole industry has undergone tremendous changes, which naturally affects the market performance of upstream MDI, TDI and adipic acid.

From January to the present, the market of the main raw materials of the three polyurethane industries has been in a state of depression, especially in terms of adipic acid, which shows the embarrassing situation of the peak season.

In the same situation, adipic acid is in the same situation. As the market is stocked and the downstream demand is not strong, the adipic acid is hard to get rid of the shadow of continuous decline, and traders are selling at a loss. For TDI, the situation is like "roller coaster". After three months of low price, it was affected by device overhaul in late April, and the price was soaring at a rocket speed. However, the rising price did not change the trend of weaker downstream demand. At the same time, the price inflation which was not supported by essential demand was not optimistic by the industry. In terms of MDI, although the market price has been relatively stable.

Generally speaking, the spring of polyurethane industry has not been warmer with the rise of temperature. After a period of adjustment, China's manufacturing industry may bring some improvement to the upstream polyurethane raw materials market. Facing the coming summer market, some of the raw material prices of the polyurethane industry will continue to fall, or there will be better opportunities.