BASF Announced List Prices For PMDI Sticker Prices for January, 2012

PUWORLD (2011-12-30)--Shanghai BASF PMDI plant operated at low capacities and PMDI settlement for December was implemented at Rmb 15800/ton, up around Rmb 100/ton. List prices for January, 2012 have been adjusted to Rmb 15800/ton and quotations were firmed.

Yantai Wanhua MDI facility is running at normal capacities and PMDI list price for January is implemented at Rmb 16200/ton, up around Rmb 700/ton. Ningbo facility expansion plan is undergoing as order. Yantai Wanhua plant operated at instable manner as a result of raw material supplies.

Shanghai BASF PMDI contract price is implemented at Rmb 15700/ton for January, 2012, up by Rmb 2200/ton. PMDI settlement for December is heard at Rmb 13500/ton. BASF’s announced up adjusted PMDI and system pricing. PMDI settlement is still likely to be the same with January sticker price.