According to the bulk list data of business society, the price trend of TDI in East China rose sharply in December. At the beginning of the month, the average price of TDI market was 14350 yuan / ton, at the end of the month, the average price of TDI was 16000 yuan / ton, an increase of 1650 yuan / ton within the month, an increase of 11.50%. As of December 31, the reference value of domestic goods with tickets is around 15400-15600 yuan / ton, and that of Shanghai goods with tickets is around 15700-15900 yuan / ton.

As of December 31, the operation of TDI plants in China is as follows:

Factory name Capacity (10000 tons) Device status

Gansu Yinguang twelve On December 20, the unit was overhauled, with a plan of 20 days

Wanhua chemical (Yantai) thirty Smooth operation

Wanhua Fujian ten On December 22, the nearby units were shut down for maintenance, and it is expected to restart around January 5, 2022

Cangzhou Dahua fourteen Smooth operation

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

Xinjiang Juli fifteen Smooth operation

Shanghai keschuang thirty-one Smooth operation

BASF Shanghai twelve Smooth operation

The TDI market was strong in December, and the price rose sharply during the month. The price trend of this month is mainly affected by the supplier’s devices. As soon as the parking and maintenance plans of Fujian Wanhua and keschuang were released at the beginning of this month, the on-site cargo holders increased. In the middle of this month, Cangzhou Dahua and Xinjiang Juli stopped briefly, the market supply was tight, the industry had a strong mentality of supporting the market, and the TDI price maintained a high and firm operation in the latter half of the month. Although some devices were restarted at the end of the month, the on-site spot filling was slow, With the support of the supplier’s market, TDI market operates in a high and stable manner.

The upstream toluene market continued to decline. As of December 31, the price was reduced to 5580.40 yuan / ton, down 9.56% from the beginning of the month. In the early stage, the increase of cargo in East China and the rise of toluene port Inventory were bad for the domestic toluene Market, and the focus of toluene Market moved downward. Then, Taizhou Petrochemical released less goods than expected, the low-cost goods source impacted the market, and the supply of toluene market increased. However, the downstream demand continued to be weak. In addition, affected by the shock and decline of crude oil, the focus of toluene market continued to move downward.

According to the analysis of TDI data division of business society, at present, the TDI market is stable at a high level, and the supplier’s spot is tight. At the end of the month, the guidance direction is given by the large manufacturer, and the supplier’s attitude towards supporting the price is obvious. It is expected that the TDI market will continue to operate at a high level in the future, with specific attention to the market supply.