Wanhua Chemical announced a reduction in MDI prices in China
On November 30, Wanhua Chemical Group Co., Ltd. announced that it will reduce the price of MDI in China in December 2022, of which the listing price of polymerization MDI in China is 16,800 CNY/ton (1,000 CNY/ton lower than the price in November); The listing price of pure MDI is 20,000 CNY/ton (3,000 CNY/ton lower than the price in November). Pure MDI was the lowest quotation since 2022, down 34% from the highest quotation of 26,800 CNY/ton in March.
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