Tight supply, TDI price rises (10.9-10.15)

According to the bulk list data of business society, the TDI market price was strong this week. On October 15, the average market price in East China was 14525.00 yuan / ton, and the price continued to rise during the week, up 2.65% compared with 14150.00 yuan / ton on October 9.

POLYVINYL ALCOHOL

The TDI price trend is upward this week, and the market continues to be strong. The supply of Wanhua chemical plant is relatively small. Although the TDI plant of a factory in the north is restarted, the overall supply of goods in the site is tight, the export orders of downstream terminals are increased, the quotations of sponge and polyether are increased, the downstream inquiries are increased, and the quotations of traders are increased. As of the 15th, the reference for domestic goods with tickets in the mainstream market in East China is about 14300-14500 yuan / ton, and the reference for Shanghai goods with tickets is 14500-14800 yuan / ton, mainly through real order negotiation. The dealer’s quotation is adjusted with the market news, and the market is sorted upward within the week.

The upstream toluene market rose broadly. On October 15, the domestic average price of toluene was 6560.20 yuan / ton, an increase of 11.19% in the week. The strong trend of crude oil led to the continuous rise of related aromatic products and gasoline. With the support of raw materials and downstream high level, the toluene market actively pushed up. In addition, Sinopec continuously raised prices and active market negotiations, toluene rose to a high level during the week.

According to the analysis of TDI data division of business society, the domestic TDI market is running upward. Although the supplier’s plant is restarted, the overall supply of goods is tight, coupled with the increase of export orders at the downstream of the terminal, the mood in the field is bullish. It is expected that the TDI market will be sorted upward in the later stage, and the future trend will pay attention to the downstream follow-up.

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