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SunSir: On September 6th, the Domestic TDI Market Was Operating in a Weak Situation

September 07 2023 14:28:30     SunSirs (John)

Price trend

On September 6th, the domestic TDI market was operating in a weak situation

Analysis review

The domestic TDI market was operating in a weak state, with average enthusiasm for downstream entry and resistance towards high prices. The market trading atmosphere was light, and the mentality of factories was low. The latest execution price of Shanghai's large factories had been lowered, resulting in poor trading in the trade market. Some holders had moved down their trading offers to promote transaction, and the market supply and demand gamed.

Market outlook

In the short term, the TDI market will be sorted out to be weaker. In the future, attentions should be paid to the downstream follow-up situation.

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