According to the Commodity Market Analysis System of Shengyi Society, the low-end prices of TDI in the East China region have tightened this week, with a slight increase in prices. As of December 13th, the average market price in East China was 12900 yuan/ton, and as of December 9th, the average price was 12800 yuan/ton. Within the week, it rose by 0.87% and fell by 22.29% year-on-year.
This week, the TDI market was significantly boosted by news, with supply tightening and traders selling at low prices, resulting in a slight shift in price focus. Downstream demand is relatively calm, cautious entry into the market, and low transaction volume.
Supply side: The device operates unstably.
On the cost side, there are fluctuations within the upstream toluene range, and the overall performance of supply and demand is weak, which provides moderate support for TDI.
Market analysis shows that the TDI data analyst from Shengyi Society believes that the current TDI market supply and demand are weak, and downstream stocking intentions are not strong. It is expected that the TDI market will remain stagnant and operate in the short term, and close attention will be paid to changes in market supply and demand.
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