TDI market in East China is stable (3.22-3.28)

According to the data of the business club’s block list, this week’s TDI market price was weak. The average price of East China was 17250.00 yuan / ton, down 1.43% compared with 17500 yuan / ton last weekend, up 57.77% year on year.

 

POLYVINYL ALCOHOL

This week, the domestic TDI market was weak. At the beginning of the week, the market was mainly cautious and wait-and-see, waiting for the latest price guidance of the factory. There were few offers. After the factory’s guidance price was announced in the later stage, the market mentality was empty, the offer was mostly stable, and the downstream inquiry and purchase were weak. As of the 28th, the TDI domestic offer in East China market was 15500-15700 yuan / ton, and the Shanghai offer was 16500-17000 yuan / ton.

 

The price of toluene decreased slightly. Affected by the sharp rise and fall of crude oil, the price range of toluene spot market fluctuated mainly during the week. As of the 28th, the domestic average price was 5515 yuan / ton, down 1.30% in the week. The spot supply of toluene market was sufficient, but the downstream follow-up was general, and the demand side remained weak.

 

According to TDI data analyst of business society, the domestic TDI market is weak, the atmosphere in the market is mainly wait-and-see, the downstream inquiry enthusiasm is not high, the terminal’s overall willingness to receive goods is weak, and the demand is insufficient. It is expected that the TDI market will be frozen in the future, and pay attention to the change of supplier information.

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