SunSirs: On August 2nd, the Domestic TDI Market Was Stronger and Upward
August 03 2023 09:20:56 SunSirs (John)
Price trend
On August 2nd, the domestic TDI market was stronger and upward.
Analysis review
The market learned that the 160,000 ton plant of BASF, South Korea, was temporarily stopped on July 30, which increased the domestic demand. The supplier had a strong intention to support the market. The executive price of large factories rose, and the trade market followed the market. The offer of cargo holders rose with the market. The downstream demand was weak, and there was resistance to the high price. The market was mainly based on demand. The market trading atmosphere was general, and the supply and demand gamed in the market.
Market outlook
In the short term, the TDI market tends to be stronger, and it need to pay attention to downstream follow-up in the future.
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- 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
