TDI market is stable

According to the data of the business club’s block list, the TDI market price was stable this week. The average price of the East China market at the weekend was 12533.33 yuan / ton, down 1.05% compared with 12666.67 yuan / ton last weekend, and up 7.12% compared with the same period last year.

 

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This week, the domestic TDI market is deadlocked and wait-and-see. The atmosphere in the market is quiet. At the beginning of the week, the market is weak. The dealer’s quotation is lower than last week. Later, the industry mostly wait-and-see, and the price trend runs smoothly. As of the 24th, the domestic TDI offer in East China market is 12400-12500 yuan / ton, and the Shanghai offer is 12500-12600 yuan / ton.

 

The market of toluene continued to rise. At the initial stage, the market was very strong, and the focus of negotiation was pushed up, with an increase of 3.26% in the week. As of the 24th, the domestic average price was 4037.5 yuan / ton, and the price fell near the weekend. Affected by the public health incident, some downstream terminal factories in China may have holidays ahead of time, and the market demand for toluene was weak.

 

At present, the supplier’s equipment is running smoothly, the offer is relatively high and the intention of low price shipment is not high. On the other hand, affected by public health events, the holiday time of downstream terminals may be ahead of schedule. The operators are cautious, mainly purchase on demand, and the intention of buying is weak. In terms of polyether market, the lower reaches hold a wait-and-see attitude, the industry mainly purchases on demand, the buying enthusiasm is general, and the purchase of TDI is limited.

 

According to TDI data analyst of business club, at present, the domestic TDI market is in a stalemate, and the atmosphere in the market is quiet. In addition, the upstream and downstream companies may enter the holiday ahead of time, so the demand is weak, and the trading in the market is cold. In the later stage, the TDI market continues to consolidate temporarily, and pay attention to the downstream market news.

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