1、 Price trend

According to the data of the business club’s block list, the TDI market price kept stable this week. The average price of the East China market at the weekend was 12666.67 yuan / ton, down 0.78% compared with 12766.67 yuan / ton at the end of last week, up 10.47% compared with the same period last year.

2、 Market analysis

During the week, the domestic TDI market was deadlocked and wait-and-see, the atmosphere in the market was empty, the market was weak at the beginning of the week, the operators were cautious, the low price shipping intention was not high, the offer kept running in the range, the downstream purchased on demand, the demand was weak, and the buying intention was weak. In terms of polyether, the market focus is upward, and the downstream sponge factories are under great pressure. Most of the manufacturers mainly purchase on demand, but their buying enthusiasm has not improved, and their purchase of TDI is limited. As of the 27th, TDI domestic offer in East China market is 12200-12500 yuan / ton, Shanghai offer is 12500-13000 yuan / ton.

This week, the price trend of toluene rose first and then fell, and the price fell as a whole. As of the 27th, the domestic average price was about 3770 yuan / ton. The bearish fall of crude oil during the week led to the weakness of toluene in the external market, and the domestic toluene Market followed the decline. It is expected that the domestic toluene market will be weak in the future.

3、 Future forecast

According to the analysis of the data division of the business society: at present, the domestic TDI market is weak and deadlocked, the atmosphere in the market is cold, the downstream demand is off-season, the transaction is cold, and the TDI market is deadlocked in the later stage, so we should pay attention to the downstream market news.