SunSir: On August 16th, the Domestic TDI Market Was Consolidated
August 17 2023 14:03:47 SunSirs (John)
Price trend
On August 16th, the domestic TDI market was consolidated.
Analysis review
The domestic TDI market was undergoing consolidation and operation, with a tight supply of TDI on the market. Factories were mainly supporting the market, and Wanhua Chemical Yantai Industrial Park's equipment was undergoing routine maintenance. The trade market mentality was bullish, and the high prices quoted by cargo holders were firm. Downstream investors weare resistant to high prices, and purchasing in the market followed up on demand. The supply and demand on the market gamed.
Market outlook
In the short term, the TDI market will be sorted out, and attention should be paid to downstream follow-up in the future.
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