On August 10, TDI market was waiting and waiting

On August 10, the average price of TDI in East China was 15775 yuan / ton, down 0.16% from the previous working day, and the market situation was waiting to be sorted out. At present, the news in the market is quiet, the supplier’s attitude is mainly supportive of the market, the downstream demand continues to be weak, the enthusiasm for entering the market is not good, and the offer of the cargo carrier is large, stable and small. The operators are cautious and wait for the guidance of the factory news. At present, the quotation range of dealers in East China is about 15200-15500 yuan / ton for domestic goods and 15700-16000 yuan / ton for Shanghai goods.

 

It is expected that the short-term TDI market will be dominated by stalemate and wait-and-see, and the price will be temporarily stable. Specific attention will be paid to the market supply and downstream follow-up.

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