Price Trend
According to the data from the business associations’list, the domestic TDI market shocked down this week, with the average price of enterprises at the beginning of the week being 14233.33 yuan/ton, and the average price of enterprises at the weekend being 14066.67 yuan/ton. The price fell within the week by 1.17%.
| PVA |
II. Market Analysis
Product: The domestic TDI market fell slightly this week. Shandong Dongda-Novi Polyurethane Company reported 14200 yuan/ton; Zhangjiagang Bonded Zone Pan-Asian International Trade Co., Ltd. reported 14500 yuan/ton; Nanjing Carbon Green Chemicals Co., Ltd. reported 13500 yuan/ton.
Industry chain: Shanghai Cosco TDI plant resumed operation, a wide price cut to 14,000 yuan/ton, coupled with Wanhua Chemical 300,000 tons/year TDI plant completed and put into production, downstream “buy up kill down” mentality continued to play a role, focusing on Wanhua new product dynamics and TDI price decline, on-site inquiry buying gas is low, real single transaction is blocked, business mentality panic, the focus of negotiations continues to shift.
3. Future Market Forecast
According to the data analyst of business associations, the spot resources in the market are relatively abundant, the market is difficult to say better under the negative leadership, and the short-term market will continue to bottom out.
| POLYVINYL ALCOHOL |