On November 30, Wanhua Chemical Group Co., Ltd. announced that it would lower the price of MDI in China in December 2022. Among them, the listed price of aggregate MDI in China was CNY16,800/ton (CNY1000 /ton lower than the price in November); the listed price of pure MDI was CNY20,000/ton (compared with The price was reduced by CNY3,000/ton in November). Pure MDI is the lowest quotation since 2022, a decrease of 34% compared with the highest price of CNY26,800/ton in March.