Suppliers might hike crude MDI price owing to cost increases
Published: 25 Feb 2009 23:49:02 PSTCrude MDI is seemingly stable in east China, but the suppliers declare that their manufacturing cost has increased owing to the price increases of aniline and their current sparse operations. Another run of price hikes for crude MDI might occur in the following transactions, but the currently weak demand makes the price hike sort of pale.
Stocks manufactured by an American supplier's facility in Shanghai are transacted at RMB11900-12100. Stocks from the other Shanghai plants maintain the RMB11500-11800/t sales price. A head Chinese supplier destocks at RMB11800-12000/t.
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