According to the data from the business associations’list, the domestic TDI market was slightly sorted out this week. The average price of enterprises at the beginning of the week was 14333.33 yuan/ton, and that of enterprises at the weekend was 14166.67 yuan/ton. Within the week, the price rose by 1.16%.
II. Market Analysis
Product: This week, the domestic TDI market was tidied up slightly. Shandong Dongda-Norway Polyurethane Co., Ltd. reported 14000 yuan/ton; Zhangjiagang Bonded Zone Pan-Asian International Trade Co., Ltd. reported 14500 yuan/ton; Nanjing Carbon Green Chemicals Co., Ltd. reported 14000 yuan/ton.
Industry Chain: The Spring Festival is approaching, the domestic TDI market is shaking, inquiries and purchases are weak, most of them just need to be ready, and terminal factories have holidays one after another. Demand lacks substantial support. Negative inventory operation of supply keeps delivery as the main factor. Individual low prices are heard, downstream is leaving the market one after another, and purchases are light.
3. Future Market Forecast
According to the data analyst of business associations, the current TDI market is mainly stable, downstream wait-and-see, negative willingness to receive goods, a small number of purchases, bad news dominated, the market is difficult to say good, the short-term market will continue to bottom.