SunSirs: Tetrahydrofuran Prices Fell This Week
December 12 2022 13:16:50 SunSirss (John)
Price trend
According to the bulk list data of SunSirs, the price of tetrahydrofuran fell this week. At the beginning of the week, the average price of tetrahydrofuran was 13,525.00 RMB/ton. On Friday, the average price of tetrahydrofuran was 12,825.00 RMB/ton, down 5.18%.
Analysis review
On the 9th, the quotation of tetrahydrofuran enterprises was lowered. The BDO of the raw material end was weak, the cost support was weak. The supplier was mainly supporting price, the downstream maintained the follow-up of just needed orders, the overall inventory in the market was high, and the manufacturer of the goods gives up profits to negotiate, so the focus of delivery and investment was weak.
Market outlook
The tetrahydrofuran analysts of SunSirs believe that the domestic tetrahydrofuran downstream PTEMG spandex market continued to be weak, the demand was weak, and the cost side support continued to weaken. In the short term, the tetrahydrofuran market as a whole will remain weak.
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