Wanhua Chemical raises MDI prices in China in October

On the evening of September 24, Wanhua Chemical Group Co., Ltd. (hereinafter referred to as the company or Wanhua Chemical) issued an announcement that starting from October 2020, the company’s listed price of the polymer MDI distribution market in China is 19,600 CNY/ton (compared to the September price Increased by RMB 2,600/ton), the listing price in the direct market is RMB 19,600/ton (up by RMB 2,600/ton from September); the listing price of pure MDI is RMB 19,800/ton (up by RMB 1,800/ton from September).

According to data, in August and September this year, Wanhua Chemical has twice announced the increase of MDI prices in China. The prices in July have not changed compared with June. Starting from October, the listing price of Wanhua Chemical’s China regional polymer MDI distribution market will be 5600 CNY/ton higher than the June price, the direct market listing price will be 5100 CNY/ton higher than the June price, and the pure MDI listing price will be higher than the June price High 3300 CNY/ton.