SunSirs: Tetrahydrofuran Market Recovered in January
February 03 2023 10:43:43 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of tetrahydrofuran stabilized first and then rose this month. At the beginning of the month, the average price of tetrahydrofuran was 12,840.00 RMB/ton, and at the end of the month, the average price of tetrahydrofuran was 13,456.00 RMB/ton, up 4.8%.
Analysis review
The raw material BDO was strong and upward, and the cost support was strengthened. The supply of goods in the market was tight, and the supplier's offer was very high to support the market. Downstream purchased according to demand, and the market focus rose in a broad range.
Market outlook
The tetrahydrofuran analyst of SunSirs believes that the domestic tetrahydrofuran cost had warmed up, and the downstream PTEMG spandex price had stopped falling and warmed up. In the short term, the tetrahydrofuran market will be sorted up.
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