Price Trend
According to the data of business associations, the price trend of domestic TDI market has been running smoothly this week. The average market price in eastern China is about 12 900 yuan/ton in the week, down 57.43% from the same period last year.
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II. Market Analysis
Products: This week, the TDI market in eastern China is weak, the price trend is stable, the business offer is temporarily stable, the overall atmosphere in the venue continues to be weak, and the actual single transaction is less. As of the 28th, China’s domestic goods with tickets out of warehouse offer reference 12700-12800 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 12800-13000 yuan/ton; South China’s domestic goods with tickets out of warehouse offer reference 12800 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 12900-13000 yuan/ton; North China’s domestic goods with tickets out of warehouse offer reference 12600-12800 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 12600-12800 yuan/ton. Reference 12800-13000 yuan/ton.
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Industry chain: This week, the price trend of nitric acid in the upstream of domestic TDI is stable, and the market price is around 1800 yuan/ton in the week. The supply of nitric acid is not large, the quotation of manufacturers is stable, and the nitric acid goods are in good condition. This week domestic toluene price fluctuation upward, early in the week the average price of enterprises is 5087.50 yuan/ton, Friday the average price of enterprises is 5150.00 yuan/ton, a weekly increase of 1.28%. Rising raw material prices in the upstream have a negative impact on downstream TDI.
3. Future Market Forecast
According to the data analyst of business associations, at present, the domestic TDI market has been consolidated and operated. The overall atmosphere in the market is still light, the actual single transaction is scarce, the business mentality is slightly different, and the high and low offers have been heard. It is expected that the TDI market will be sorted out in the later period.