1、 Price trend

According to the data from the business club’s bulk list, the price trend of TDI market this week has been stable and downward. The average price in East China at the weekend was 10000.00 yuan / ton, up 1.64% compared with 10166.67 yuan / ton at the beginning of the week, and 26.47% lower than that of last year.

2、 Market analysis

This week, the domestic TDI market was reorganized and operated, the factory export direction was increased, and the market was in a good mood. As of the 10th, the quotation of domestic goods with bill of lading in East China market was 10000-10300 yuan / ton, and that of Shanghai goods with bill was 10300-10500 yuan / ton. The North China market was relatively strong, and Wanhua announced the increase of export and distribution direction in the morning The suspension of orders further improved the dynamics of the market, and the overall offer was up; the South China market rose steadily, and the offer was high, which was close to the factory policy.

This week, the price trend of toluene is stable, the focus of market negotiation is relatively gentle, the demand for toluene downstream is not high, the negotiation atmosphere is not active, the international crude oil price fluctuates slightly, and the support for toluene market is limited; as of the 10th, the domestic average price is about 3490 yuan / T, up 0.29% month on month compared with last week. It is expected that the domestic toluene market will fluctuate slightly in the future.

3、 Future forecast

According to the analysis of the Data Engineer of the business agency, although the downstream terminals are more cautious to enter the market, the suppliers have a clear attitude to support the market. In addition, Wanhua chemical is in the maintenance stage, and the supply of goods is tight, so the offer of the enterprise is generally up. TDI market is expected to sort out the upward, pay attention to the downstream market news.