According to the bulk list data of business society, the TDI market price trend decreased this week. On November 19, the average market price in East China was 14700 yuan / ton, down 1.18% during the week and 1.67% month on month compared with 14875 yuan / ton on November 13.

The TDI market was weak this week, and the quotation fell slightly during the week. Domestic factories and devices operate normally, suppliers have no inventory pressure, downstream demand continues to be weak, there are few on-site inquiries, the market trading atmosphere is light, cargo holders wait-and-see the market, mainly negotiate shipment, and the offer is continuously reduced during the week. As of the 19th, the reference for domestic goods with tickets in the mainstream market in East China was about 13800-14100 yuan / ton, and that for Shanghai goods with tickets was 14200-14500 yuan / ton, mainly through real order negotiation. The dealer’s quotation was adjusted according to the market news, and the price remained stable during the week.

As of November 19, the operation of domestic TDI plant is as follows:

Factory name Device status

Gansu Yinguang Smooth operation

Wanhua chemical (Yantai) Smooth operation

Cangzhou Dahua Smooth operation

Yantai Juli During the shutdown of the unit, the restart time is uncertain

Xinjiang Juli Unstable device

Shanghai keschuang Smooth operation, and the planned unit maintenance is pushed to December

BASF Shanghai Smooth operation

The upstream toluene market continued to decline, with a decrease of 5.62% during the week. As of November 19, the domestic average price of toluene was 6220.20 yuan / ton. The international oil price fell broadly, the cost support weakened, which dragged down the toluene market mentality, the demand continued to be weak, the market negotiations were light, and the toluene center of gravity moved down due to the drag of xylene.

According to the analysis of TDI data division of business society, at present, the domestic TDI market is weak, there is no pressure on the supplier’s factory supply, and the downstream demand continues to be weak. From the perspective of supply and demand performance, the market is not significantly good. It is expected that the TDI market will continue to be weak in the later stage, and specific attention will be paid to the downstream follow-up.