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SunSirs: On April 13th, the TDI Market Rose Strongly
April 14 2023 14:26:19SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the average TDI market price in East China on April 13th was 18,500 RMB/ton, an increase of 2.78% compared to the previous working day, indicating a strong upward trend in the market.

Analysis review

According to the market, the TDI of the Shanghai factory was priced at 19,300 RMB/ton. Factory spot supply was tight, trade market sentiment was rising, and TDI prices had significantly increased. Under the guidance of market news, suppliers were mainly supporting the market, while downstream demand was weak, and they purchased in the market just as needed. The market trading volume was average, the supply and demand gamed on the market, and the TDI price fluctuated at high levels.

Market outlook

In the short term, the TDI market tends to be stronger, with a specific focus on market supply and downstream follow-up.

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