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SunSirs: On August 10, the TDI Market Was Wait-and-see and Sorted out
August 11 2022 09:23:26SunSirs(John)

Price trend

On August 10, the average TDI market price in East China was 15,775 RMB/ton, down 0.16% from the previous working day. TDI market conditions were wait-and-see and finishing.

Analysis review

The news in the venue was quiet, and the supplier was mainly in favor of the market. Downstream demand continued to be weak, and the enthusiasm for entering the market was not good. The offer of the stockholders was stable with small changes, and the industry was cautiously wait-and-see, waiting for the guidance of factory news.

As of the 10th, the TDI quotation range of dealers in East China was about 15,200-15,500 RMB/ton for domestic products, and 15,700-16,000 RMB/ton for Shanghai goods.

Market outlook

It is expected that the TDI market will remain on the sidelines in the short term, and the price will be temporarily stable, and the specific attention should be paid to the market supply and downstream follow-up.

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