SunSirs: Morning Forecast of TDI Market on December 9
December 09 2022 10:36:01 SunSirs (John)
Price trend
On December 8, the average price of TDI market in East China was 16933.33 RMB/ton, up 0.79% in a single day, and the market rose slightly.
Analysis review
According to market news, Shanghai TDI plant temporarily stopped due to failure, the supply in the plant was tightened, the market inquiry atmosphere was increased, and the trade market atmosphere was slightly warmer. The commodity holders followed the trend of the market, the offer rose slightly, the market price was reduced, and the industry was quite optimistic. However, from the perspective of downstream market entry, the inquiry was still dominated by rigid downstream.
Market outlook
It is expected that the TDI market will be sorted up on the 9th, with specific attention to market supply and downstream follow-up.
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