price of major feedstock PTMEG

As for the feedstock cost, price of major feedstock PTMEG, BDO and MMDI all bottomed out. That meant the cost of spandex market climbed up. With rising price of BDO and in expectation of better demand, price of some PTMEG was required to rise by 2,000yuan/mt over Dec. Under the cost pressure, the discussion was in stagnation and the actual price increment was smaller at 500-1,000yuan/mt. Price of MMDI also rebounded. Wanhua Chemical updated liquid MMDI Jan nominations at 20,500yuan/mt, up by 500yuan/mt on the month