TDI Market Price Trend Downward on July 25

Price Trend

According to the large data list of business associations, the price of TDI in East China market on July 25 was 13733.33 yuan/ton, a decline of 1.20%. At present, the price of domestic goods in East China market is 13700-14000 yuan/ton, and that of Shanghai is 14000-14500 yuan/ton.

Melamine

II. Market Analysis

Products: Domestic TDI market range shocks, the overall offer is stable, a few low-price discs rarely heard, inquiry atmosphere maintained light, business follow-up is not smooth, supply and demand game stage.

Industry chain: Upstream toluene, compared with the previous trading day, Sinopec’s enterprises today’s toluene listing price unchanged. The listing price of Shandong Land Refining Enterprises remains unchanged today. Traders’quotations are fine-tuned today. The price in East China is about 5,470 yuan per ton. In nitric acid, the market demand is still acceptable and the market is stable for the time being.

Azodicarbonamide (AC foaming Agent)

Industry: On-site traders pay close attention to the plant equipment news, the overall offer is stable, and few low-price discs are heard.

III. Price Forecast

TDI business analysts believe that the recent market consolidation operation, focus on factory information surface guidance.