Multiple policies affect the convergence of MDI

The issuance of Document No. 65 is undoubtedly a curse for the building insulation industry, especially for polyurethane building insulation production enterprises. The B1 flame retardant standard has become an insurmountable gap in the polyurethane building energy conservation industry. Most builders have been bothered with the selection of the project because of the No. 65 document. Some builders chose to delay the construction of insulation layers to survive this period of old and new policy alternatives. The polyurethane insulation material market is in a phase of stop watching, and the market for raw material polymerization MDI is becoming more and more bleak.

April 12, Ministry of Industry jointly Ministry of Finance, Ministry of Commerce jointly issued a document issued, issued notice "appliances to the countryside policy implementation and regulatory compliance approach", and called on all localities to strengthen the policy of home appliances standardized management. With the strengthening of supervision and the impact of bid changes, the sales of home appliances to the countryside has been rapidly changed. The current sales of home appliances to the countryside have been growing slowly in the second quarter.

The influence of multiple policies has brought the low-trad, aggregated MDI market to a low point, especially the North China market. Since June, the downstream market for polymerization MDI has remained depressed, bearish sentiment surrounding the downstream market, and it is difficult for the aggregated MDI market to respond within a short period of time.