SunSirs: On July 12, the TDI Market Was Temporarily Stable and Wait-and-see
July 13 2022 11:00:59 SunSirs (John)Price trend
On July 12, the average TDI market price in East China was 17,475 RMB/ton, which was the same as the previous working day, and the market was temporarily stable.
Analysis review
The supplier's inventory was not under pressure, and it was mainly based on the attitude of supporting the market. The offer of the holder was temporarily stable, and the shipment was negotiated. The downstream market continued to just need to follow up, the industry's mentality was stalemate, and the trading atmosphere on the market was weak.
On the 12th, the price range of dealers in East China was about 17,200-17,500 RMB/ton for domestic products, and 17,400-17,800 RMB/ton for Shanghai products.
Market outlook
It is expected that in the short term, the TDI market will be mainly consolidated, and the price may fluctuate slightly. Pay attention to market supply and downstream follow-up.
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