Price trend
On July 25, the average TDI market price in East China was 16,450 RMB/ton, down 1.49% from the previous working day, and the market was running weakly.
Analysis review
The market news was quiet, the domestic and foreign trade in the terminal industry was not good, the downstream purchases were weak, and the demand continued to be weak. The mentality of the industry was cautious and wait-and-see, the stockholders continued to sell at a profit-cutting, and the quotation was lowered. As of the 25th, the price range of TDI dealers in East China was about 16,200 RMB/ton for domestic products and 16,500 RMB/ton for Shanghai products.
Market outlook
It is expected that the TDI market will run in a weak order in the short term, and the price will fluctuate in a range. Pay attention to the market supply and downstream follow-up.
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