Crude MDI Early Week: End Users Facing Capital Pressure in South China

2010-02-01 [Source: Pudaily]


PUdaily, Shanghai- Today, crude MDI in South China ups slightly. Local distributors increase quotes but the transactions are not as good as last week. Downstream clients complain the spot prices of crude MDI increase too fast for them to accept. In addition to the huge prices rises of rigid polyols, end users are facing capital pressure at present.

In the local trading market, PM-200 are sold at RMB15900-16100/t, Shanghai stocks at RMB15800-16000/t. Arrivals from Japan and Korea are traded at RMB15700-15900/t.

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