At the beginning of the week, TDI prices rose sharply (8.14-8.20)

According to the bulk list data of business society, the TDI market price was sorted upward this week. On August 20, the average market price in East China was 17505 yuan / ton, an increase of 5.05% during the week compared with 14350 yuan / ton on August 14.

The TDI market rose sharply this week. At the beginning of the week, due to the release of the closing news of a factory in Shanghai and the superposition of the shutdown and closing of a TDI plant in the north, the atmosphere in the venue was bullish. On the 17th, the market learned that the latest TDI quotation of a factory in Shanghai rose to 15800 yuan / ton. The supplier’s good news superimposed, the atmosphere in the venue was bullish, the offer of the holder rose, the quotation of the distribution market rose, and the downstream just needed to follow up, The acceptance of high price TDI is not high, and the market is weak and downward at the weekend. As of the 20th, for domestic goods with tickets in the mainstream market in East China, the reference is 14400-14700 yuan / ton, and for Shanghai goods with tickets, the reference is 14700-14800 yuan / ton, mainly through real order negotiation. The dealer’s quotation is adjusted with the market news, and the mentality is wait-and-see operation within the week.

The price of toluene continued downward consolidation this week. On the 20th, the average domestic price of toluene was 5732.20 yuan / ton, a decrease of 0.70% compared with 5772.20 yuan / ton on August 14. Demand is weak, business transactions are poor, and the atmosphere in the venue continues to be light. Crude oil fell continuously during the week, dragging down the bulk commodity market. As the downstream toluene, the market mentality was bearish, the price followed the decline, and the toluene market was weak in the later stage.

According to the analysis of TDI data division of business society, at present, the domestic TDI market is mainly sorted and operated, the downstream has low acceptance of high prices, general enthusiasm for entering the market, mainly buying on demand, and a small number of market transactions. It is expected that the TDI market will be sorted and operated in the later stage, and the future trend will pay attention to the information guidance of the supplier.

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