SunSirs: On July 19, the TDI Market Continued to Run Weakly
July 20 2022 10:24:14 SunSirs (John)Price trend
On July 19, the average TDI market price in East China was 17,275 RMB/ton, down 0.29% from the previous working day, and the market continued to be weak.
Analysis review
The main factories had no pressure on the inventory, and they mainly had the mentality of supporting the market. The downstream demand was weak, and the enthusiasm for entering the market was average and only some rigid users followed up. Affected by the repeated epidemics in some areas, the market trading atmosphere was light, and the holders of goods negotiated shipments at a profit-cutting, and the quotations were lowered. The mentality of the industry was stalemate and wait-and-see.
On the 19th, the quotation range of TDI dealers in East China was about 16,700-17,100 RMB/ton for domestic products, and 17,000-17,400 RMB/ton for Shanghai goods.
Market outlook
It is expected that the TDI market will continue to be weak in the short term, and the price will decline. Please pay attention to the market supply and downstream follow-up for details.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-04-11 SunSirs: On April 10th, the Domestic TDI Market Was Weak and Wait-and-see
- 2024-03-07 SunSirs: On March 6th, the Domestic TDI Market Was Consolidated to Be Weaker
- 2024-02-21 SunSirs: On February 20th, the Domestic TDI Market Situation Was on a Basis of Wait-and-see
- 2024-02-08 SunSirs: On February 7th, the TDI Market in the East China Region Was Light and Stable
- 2024-01-18 SunSirs: Recently, the TDI Market Had Experienced a Rise Followed by a Decline
