Undercurrents stir in MDI; it rises again ahead of the holiday

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MDI price trend: steady upward movement. Product, Origin, Quotation: Pure MDI, Domestic/Shanghai – 21750/21750; Polymerized MDI, Domestic/Shanghai – 19500/19300. Market overview for MDI: The price of pure MDI remained relatively stable with only minor fluctuations this week. Domestic factories are operating at reduced capacity due to lack of pressure, while overseas facilities are seeing delayed restarts, leading to expectations of reduced production. This has boosted the market, with traders actively selling goods at stable prices. The atmosphere for downstream procurement is improving, with actual order discussions progressing. The price of polymeric MDI rose slightly this week. The delayed restoration of overseas facilities has heightened expectations of reduced production, which is positive for the market. Supply is tight in the local market, and traders are clearly bullish, leading to higher quoted prices. On the demand side, there is follow-through from essential buyers, but overall trading remains sluggish.