1、 Price trend
| PVA |
According to the data of the bulk list of business agencies, the price of domestic TDI market was consolidated in June. At the beginning of the month, the average ex factory price of domestic TDI was about 10566.67 yuan / ton, and at the end of the month, the average price of domestic TDI was about 11166.67 yuan / ton, with an overall increase of 600 yuan / ton or 5.68%, and a decrease of 21.28% compared with the same period last year.
2、 Market conditions
This month, the domestic TDI market prices rose as a whole. In the early stage, the reduction of the factory’s offer led to the spread of bearish sentiment. The downstream spot purchase intention was weak, and the current atmosphere was still empty. Under the influence of shipping mentality, the offer price of domestic goods with bill of lading in East China market dropped to less than 10000 yuan. In the later stage, the supplier’s export orders were better, the inventory was not under pressure, and the good news continued. The market was strong, and the atmosphere was improved Warm, business offers remain high. As of the 31st day, the quotations of domestic goods with bills of lading in East China, Shanghai, South China and Shanghai were 11200-11500 yuan / T and 11400-11600 yuan / T, 11200-11500 yuan / T, 11400-11600 yuan / T, 11200-11500 yuan / T, 11400-11600 yuan / T, 11200-11500 yuan / T, 11400-11600 yuan / t, respectively Reference 11600 yuan / ton.
| PVA 1799 (PVA BF17) |
In this month, the price of nitric acid in the upstream of TDI was stable and upward. By the end of the month, the market price was 1533.33 yuan / ton, an increase of 5.75% compared with 1450 yuan / ton at the beginning of the month. The market demand was weak and stable, the manufacturers adjusted flexibly, and the market was stable in the later stage or temporarily. In terms of upstream toluene, the domestic market was weak, the demand for toluene declined, and the market trading was not active. At present, the dealer quotation in East China was roughly At about 3400 yuan / ton, the port inventory is high, and the progress of de stocking is slow. It is expected that the price of toluene in the domestic market will fluctuate in the future.
3、 Future forecast
According to the analysis of the Data Engineer of the business agency, the current trend of the TDI market is relatively strong, the good news from the factory is released, the dealers tend to be cautious, the offer remains high, and the downstream companies maintain the just needed purchase. It is expected that the short-term TDI market will continue the strong trend and wait for the downstream to continue to follow up.
| POLYVINYL ALCOHOL |