SunSirs: TDI Market in China sorted Up on August 11
August 12 2022 08:33:54 SunSirs (Selena)
On August 11, the average price of TDI in East China was 15,975 RMB/ ton, an increase of 1.27% over the previous working day, and the market was up. The Shanghai factory's guiding price has been raised, the supplier's attitude of supporting the market is obvious, the offer of the goods holder has been rising, the downstream demand has not been significantly improved, and a small number of just needed inquiries have been made. Due to the general terminal market sales, the operators are cautious about entering the market, and the supply and demand game in the market. The future market will focus on the downstream demand changes. At present, the quotation range of dealers in East China is about 15,500-15,800 RMB/ ton for domestic goods and 15,800-16,100 RMB/ ton for Shanghai goods.
It is expected that the short-term TDI market in China will will mainly be wait-and-see, and the price will be stable temporarily. Attention will be paid to the market supply and downstream follow-up.
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