SunSirs: The Price of Tetrahydrofuran Fell This Week
February 27 2023 11:10:09 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of tetrahydrofuran fell this week. At the beginning of the week, the average price of tetrahydrofuran was 16,490.00 RMB/ton, and on Friday, the average price of tetrahydrofuran was 16,340.00 RMB/ton, down 0.91%.
Analysis review
T On the 24th, the quotation of tetrahydrofuran enterprises was lowered. The raw material BDO operated at a high level, and the cost support was acceptable. However, the follow-up of downstream demand was general, and some of the cargo holders had insufficient confidence in the future market, so they negotiate on the basis of real orders and gave up benefits, and the price focus was weak and downward.
Market outlook
The tetrahydrofuran analyst of SunSirs believes that the price of the downstream PTEMG spandex market of the domestic tetrahydrofuran fluctuated stronger, the demand was general, and the cost support continued to weaken. In the short term, the tetrahydrofuran market as a whole will still be weak.
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