SunSirs: The Price of Tetrahydrofuran Decreased in December
January 03 2023 13:32:50 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of tetrahydrofuran was lowered this month. At the beginning of the month, the average price of tetrahydrofuran was 13,726.50 RMB/ton, and at the end of the month, the average price of tetrahydrofuran was 13,000.00 RMB/ton, down 5.54%.
Analysis review
The BDO of the raw material end was shocked downward, the cost support was weakened, and the supplier's attitude of keeping prices was dominated. The downstream maintained the follow-up of just needed orders. The overall inventory in the market was high, and the manufacturers of the goods gave up profits and discussed. The trading and investment focus was weak.
Market outlook
The tetrahydrofuran analysts of SunSirs believe that the cost of tetrahydrofuran in China stabilized, the downstream PTEMG spandex was still weak, and the manufacturer's quotation followed the market. In the short term, the overall market still has room for decline.
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