According to the bulk list data of business society, the price trend of TDI in East China rose in July. At the beginning of the month, the average price of TDI market was 13866.67 yuan / ton, and at the end of the month, the average price of TDI was 15166.67 yuan / ton, an increase of 9.37% in the month. As of the 31st, the outbound price of domestic goods with tickets is around 14300-14500 yuan / ton, and that of Shanghai goods with tickets is around 14700-15100 yuan / ton.
In July, the TDI market rose as a whole, and the market mentality was mainly wait-and-see. There were two obvious increases this month. It was learned from the market news in early July that Xinjiang Juli plant was shut down, which boosted the market mentality. The offers of cargo holders mostly followed the increase, and there were few low-price offers in the yard. The downstream side mainly purchased on demand; Around July 20, the weekly guidance price of the factory was announced one after another. The goods holders adjusted their quotation according to the news of large factories. The market offer was stable and small, and the quotation of dealers also kept up with the rise. However, the downstream purchase was still weak, the enthusiasm to enter the market was general, the purchase was just needed, the on-site wait-and-see mentality, and the market situation became stable.
The upstream toluene market fluctuated, with an overall increase of 0.85% in the month, and the average production price at the end of the month was 5810 yuan / ton. In the early stage, the toluene market was driven by the rise of crude oil, the on-site supply was reduced, the focus of negotiation in the toluene market was high, and the international crude oil showed a downward trend in the later stage. In addition, the listing price of Sinopec was lowered, the market wait-and-see mentality was strong, the downstream follow-up was weak, the demand of the domestic spot market was weak, and the toluene market was sorted and operated.
According to the analysis of TDI data division of business society, at present, the TDI market is mainly on the sidelines, the on-site trading atmosphere is light, the dealer’s market quotation is firm and stable, and the downstream follow-up is just needed. The factory listing price news is released at the end of the month, and the offer of the goods holder is stable and small. It is expected that the TDI market will be on the sidelines temporarily in the later stage and pay attention to the downstream follow-up.
| POLYVINYL ALCOHOL |