The average price of TDI in East China was 12666.67 yuan / ton on the 31st, down 0.26% from 17833.33 yuan / ton at the beginning of the month, and up 10.47% from last year, according to the data from the business club’s block list. On December 30, the TDI commodity index was 67.02, which was the same as yesterday, down 72.98% from 248.02 (2016-10-19), the highest point in the cycle, and up 27.51% from 52.56, the lowest point on May 5, 2020. (Note: period refers to the period from September 1, 2011 to now)
The domestic TDI market is in a stalemate, and the atmosphere in the market is cold as a whole. The attitude of the industry tends to stabilize the market and support the price. The offer is mainly stable, and the downstream market just needs to enter the market. The low price in the market is relatively convergent. At present, after the supplier announced the price policy, the willingness to support the market and stabilize the price is obvious, the downstream part of the inquiry has increased, the overall purchase follow-up is still weak, and the short-term market maintains the consolidation operation.
On the upstream side, the trend of toluene was weak. Crude oil fell due to bad news during the week, which led to the weakness of toluene’s external market. The domestic toluene Market followed the decline, and the toluene market was weak in the later stage.
According to the analysis of the Data Engineer of the business society, at present, the domestic TDI market is mainly reorganized and operated, the atmosphere in the market is quiet, the dealers’ offer is stable, the downstream market just needs to purchase, and the domestic TDI market continues to reorganize and operate in the short term.
| PVA |