1、 Price trend
According to the data from the business club’s bulk list, the market price of TDI was slightly lowered this week, with the average price in East China at 16666.67 yuan / ton, down 2.91% compared with 17166.67 yuan / ton at the end of last week, and increased by 28.53% compared with the same period last year.
2、 Market analysis
During the week, the domestic TDI market was weak. At the beginning of the week, the information of suppliers was complicated, and the mentality of the industry was tangled. The intraday offer was tentatively inclined to the high level, but the downstream follow-up was weak, and the high-level transaction resistance was large. The price of polyether is high, and the downstream sponge factories are under great pressure. Most enterprises choose to digest the initial inventory or purchase on demand. The enthusiasm of entering the market is weak and the purchase of TDI is limited. As of the 30th, TDI’s domestic goods offer in East China market refers to 15000-16000 yuan / ton, while Shanghai’s offers refer to about 16500 yuan / ton.
This week, the market of toluene was weak, and the price trend was down. As of 30 days, the domestic average price was about 3250 yuan / ton. The port inventory of toluene was high, and the pressure to remove the warehouse was still in place. The downstream demand was general, the negotiation atmosphere was not active, and the international oil price fell to the lowest price in five months. Affected by this, the quotation of toluene in the domestic market fell and the market support was limited. It is expected that the domestic toluene market will continue to be weak in the future Potential operation.
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3、 Future forecast
According to TDI, the market is weak at present, and the market data is weak.