1、 Price trend
| PVA 1799 (PVA BF17) |
According to the data of the large scale list of business agencies, the price trend of TDI market in this week is stable. The average price of East China market in this week is 11100 yuan / ton, which is stable compared with last week, down 17.37% year-on-year.
2、 Market analysis
Products: this week, the domestic TDI market narrowed and weakened, the downstream current construction situation is not optimistic, the demand for raw materials is limited, the pressure of the industry’s shipment is large, the actual shipment order negotiation is low, and the factory policy is waiting. By the end of the 13th, the market in North China has been stabilized and sorted out, and the attitude of the operators is mainly wait-and-see. The weak market in East China has been followed up, and the atmosphere in the market is cold. The quotation of the operators is stable and wait-and-see. The quotation of domestic goods with tickets is 10500-10700 yuan / ton, and that of Shanghai goods with tickets is 10900-11000 yuan / ton.
| PVA 1788 (PVA BP17) |
Industrial chain: in terms of toluene, although domestic enterprises have gradually entered the resumption period, and market demand has gradually improved, domestic toluene prices still follow the decline due to the sharp drop in international crude oil prices and the sharp drop in market prices in South Korea, the main source of toluene imports. At present, the mainstream price in East China is about 4500 yuan / ton, the demand for toluene is lack, the terminal consumption is slow, and the market price is stagnant.
3、 Future forecast
According to the analysis of the data division of the business association, the TDI market is weak, the downstream construction situation is not optimistic, the atmosphere in the market is relatively cold, the overall offer of the industry is stable, the downstream demand is weak, and the transaction volume is insufficient. It is expected that TDI market will wait and see in the later stage and pay attention to the factory news.
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