According to the bulk list data of the Business News Agency, the domestic TDI price trend rose first and then fell in February. The average market price of TDI at the beginning of the month was 20433.33 yuan/ton, and the price at the end of the month was 19833.33 yuan/ton, with a decrease of 600 yuan/ton within the month, with an overall decrease of 2.94%.

In February, the TDI market weakness was sorted out, the downstream of the terminal resumed production at the beginning of the month, the sponge price rose, the intra-field trading was positive, and the supplier’s attitude of supporting the market was positive, and the TDI offer rose; In the middle and late ten days, the enthusiasm for terminal procurement weakened, the downstream demand was weak, the market inquiry was depressed, the operator’s mentality was poor, and the focus of TDI transaction moved down; At the end of the month, the monthly listing price of TDI factory was raised, and the suppliers’ attitude towards the market was obvious, and the traders’ prices were raised according to the information guidance.

The upstream toluene market rose strongly, falling continuously from January to July, and rising in steps after the 7th. At the end of the month, the price was 7290 yuan/ton, up 220 yuan/ton from 7070 yuan/ton at the beginning of the month, with an overall increase of 3.11%. The cost of naphtha fluctuated and rose, the price of raw materials drove the market of toluene to improve, and the expectation of upstream and downstream terminal demand was optimistic. According to the guidance of market news, the price trend of toluene continued to rise.

According to the TDI data analyst of the business agency, the capacity utilization rate of the TDI factory is low, the market spot filling is slow, and many suppliers are in the market mentality, but the downstream terminal performance is weak, the demand purchasing is insufficient, the TDI market trading is light, the supply and demand performance is stalemate, and the TDI shocks in the later stage are sorted out, and the specific attention is paid to the downstream follow-up.