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SunSirs: On August 23, the TDI Market Consolidated
August 24 2022 10:48:19SunSirs(John)

Price trend

On August 23, the average TDI market price in East China was 17,300 RMB/ton, an increase of 0.73% compared with the previous working day, and the market situation improved.

Analysis review

The positive factors were superimposed last week, and the price of TDI rose. At present, the news surface tends to be quiet, the market trading atmosphere is light, the factory continues to maintain a supportive attitude towards the market, the stockholders' offers are temporarily stable and wait for rigid demand, the domestic downstream demand is weak, the follow-up of real orders is limited, the mentality of the industry is cautious, and the supply and demand game is on the market, and the market outlook will pay attention to the changes in downstream demand. On the 23rd, the TDI quotation range of TDI dealers in East China was about 16,800-17,000 RMB/ton for domestic products, and 17,200-17,500 RMB/ton for Shanghai goods.

Market outlook

It is expected that the TDI market will run at a high level in the short term, with specific attention to market supply and downstream follow-up.

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