According to the commodity market analysis system of the business community, the trend of TDI prices in East China has slightly increased. On June 16, the average market price in East China was 17300 yuan/ton, 1.76% higher than the price of 17000 yuan/ton on June 10, and 8.12% higher than the beginning of the month.

The domestic TDI market is stronger and upward, and factory news is released frequently within the week, bringing good news to the market. At the beginning of the week, a large factory in Shanghai announced an increase in the weekly strike price, followed by the announcement of the settlement price of a large factory in the north in the first ten days of the week. In addition, Covestro reduced the load, and BASF devices were shut down. The supplier’s market attitude was obvious, the trade market followed the trend, and the supplier’s offer was raised. However, due to the downstream consumption slack season, demand support was limited, The increase of TDI price has been restrained to a certain extent, and the overall price is high. As of the 16th, the quotation range of domestic products in the distribution market in East China is about 17000-17200 yuan/ton, and that of Shanghai products is 1720-17500 yuan/ton, mainly based on actual order negotiation.

The upstream toluene market is relatively weak and has been sorted out. As of June 16, the domestic average price of toluene was around 7080 yuan/ton, a decrease of 0.56% compared to the overall price of 7120 yuan/ton on June 10. The international crude oil price is relatively strong, and toluene profits are declining. Affected by market pessimism, downstream demand is weak, and actual order negotiations are average. The toluene industry is cautious, and manufacturers adjusted their prices based on their own shipment situation during the week. The trend of toluene has slightly decreased.

After market analysis, TDI data analysts from the Business Agency believe that from the perspective of TDI supply, the utilization rate of production capacity in the future will decrease, and the spot performance will be tight. The market mentality will have a significant impact, with suppliers rising significantly. Holders will follow the market and offer up. It is expected that the future market will be stronger, with downstream demand restrictions and narrow fluctuations in TDI prices. We will follow up on specific details.