Downstream Industry Slump Polyurethane Manufacturers Profit Margins Limited
In the first half of this year, the poor demand of polyurethane downstream industry has seriously affected the profitability of some polyurethane raw materials suppliers.
Polyurethane raw material MDI supplier Japan NPU company official said, in the first half of this year, the downstream demand of polyurethane raw materials, leather, textile, coatings, plastics and other industries demand is not strong, and the operating rate is not high, which affects the intermediate links such as sole raw liquid and slurry. The performance of sole raw liquid and slurry manufacturers is not good, directly counteracting the profitability of upstream MDI products.
In the first half of this year, most of the suppliers of polyurethane materials had shrunk in profits, while Japanese NPU companies were in a loss.
Industry insiders said that as the price of upstream raw materials of polyurethane continues to rise this year, the downstream demand is sluggish, affecting the price of polyurethane raw materials MD constantly "bottom", thus affecting some of the polyurethane raw materials suppliers suffer greatly, and the profit margins are affected.
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