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Review on yantai wanhua mdi in the first half this year (china)

Review on yantai wanhua mdi in the first half this year (china) Source:
Date: 07-06-2012
Visits: 286
Very Poor

The polyurethane industry raw materials market and additives market were very weak, with each products price declining more than 10% in 2011. But the price trends become different since 2012. Polyol market is down all the way after rebound slightly and currently has fallen below the lowest point in 2011; but the three isocyanate products Crude MDI, Pure MDI, and TDI prices have been continuously up.

Data shows that Yantai Wanhua Crude MDI and Pure MDI prices are RMB18000/ton, RMB21900/ton, RMB4500/ton and RMB3900/ton up respectively over the beginning of this year.

An officer in Wanhua said after maintenance and technological transformation from June to July complete, the two MDI sets total capacity will increase to 900ktpa. Another technical innovation is expected to be finished in the first quarter of 2013. By then the first phase of Ningbo unit capacity will increase to 400ktpa, the second phase to 800ktpa.
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