SunSirs: On June 28, the TDI Market Was Temporarily Stable and Wait-and-see
June 29 2022 14:42:11 SunSirs (John)Price trend
On June 28, the average TDI market price in East China was 17,700 RMB/ton, which was the same as the previous working day, and the market conditions were temporarily stable.
Analysis review
The overhaul of the Shanghai factory did not bring about a significant improvement. The suppliers were supportive of the market, the downstream demand was weak, and the enthusiasm for entering the market was generally moderate. Holders' offers were mainly stable for the time being, and the trading atmosphere on the market was light.
On the 28th, the price range of dealers in East China was about 17,400-17,600 RMB/ton for TDI domestic products, and 17,500-18,000 RMB/ton for TDI Shanghai products.
Market outlook
In the short term, the TDI market continued to be stalemate and sorted out, with specific attention to market supply and downstream follow-up.
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