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SunSirs: This Week, the THF Market Was Running Weakly

August 15 2022 15:00:54     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, this week, the price of THF was adjusted down. The average price of THF at the beginning of the week was 18,360.00 RMB/ton, and the average price of THF on Friday was 17,900.00 RMB/ton, down 2.51%.

Analysis review

The quotations of THF enterprises were lowered, and the market weakness continued. The raw material BDO was weakly down, and the cost support was not strong. The terminal downstream demand continued lightly, and the downstream purchased small orders. Holders had a shipping mentality, negotiated real orders and made profits-cutting, and the focus of trading was at low-end.

Market outlook

The THF analyst of the business agency believes that the domestic THF cost is relatively weak, and the price of the manufacturer follows the market, and the downstream PTEMG spandex is running weakly. In the short term, the overall market will mainly fluctuate within a narrow range, and traders will trade more flexibly.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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