TDI price stable in East China

The TDI commodity index on March 17 was 58.38, flat with yesterday’s record low in the cycle, down 76.46% from the highest of 248.02 on October 19, 2016. (Note: cycle refers to 2011-09-01 to now)

 

Benzalkonium chloride

According to the data of the business club’s bulk list, on the 18th, the TDI market price in East China was 11033.33 yuan / ton, the market was weak, the downstream demand continued to be low, and the intention to take the goods was not good. Under the pressure of shipping, some enterprises made profits to ship, the actual transaction price was low, the overall downstream raw material inventory was too rich, the purchase and follow-up intention was particularly low, the market volume of trading was little heard, and the atmosphere was on the market The surrounding becomes more and more light. At present, the quotation of domestic goods with bills in East China is 10500-10700 yuan / ton, and that of Shanghai goods with bills is 10800-11000 yuan / ton. In terms of toluene, compared with the previous trading day, Sinopec’s South China enterprises today lowered the price of toluene by about 100 yuan / ton. The listing price of Shandong refining enterprises fell today, and the quotation of traders in East China fell. Affected by health concerns, the international crude oil market continued to fall last night, and the price of toluene in the domestic market also fell.

 

According to the analysis of the data division of the business club: at present, the atmosphere in the market tends to be cold, the downstream inventory is high, the demand continues to be low, the intention to take the goods is not good, the pressure of the enterprise’s shipment is large, the downstream market is less, and the transaction volume is insufficient. It is expected that the trend of domestic TDI market in the later stage is hard to be optimistic, and the company will pay close attention to the policy guidance of the later stage of the plant and the actual trading situation of the market.

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