SunSirs: Tetrahydrofuran Market Held Steady This Week
November 28 2022 10:58:42 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of tetrahydrofuran was stable this week, and the average price of tetrahydrofuran was 14,325.00 RMB/ton.
Analysis review
At present, the quotation of tetrahydrofuran enterprises was stable. The BDO of the raw material end was shocked downward, the cost support was weakened, and the supplier's attitude of supporting prices was dominated. The downstream maintained the follow-up of just needed orders, the overall inventory in the market was at a high level, and the manufacturers of the goods gave up profits for discussion. The focus of the trading and investment was weak.
Market outlook
The tetrahydrofuran analysts of SunSirs believe that the domestic tetrahydrofuran cost end support weakened, the downstream PTEMG spandex price moved down, and the demand was weak. In the short term, the market as a whole still has room for decline.
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