1、 Price trend

According to the data of the bulk list of business news agency, the market price trend of TDI this week is stable. The average market price in East China is 11500 yuan / ton this week, an increase of 0.58% compared with 11433.33 yuan / ton at the end of last week, and a decrease of 8.49% compared with the same period last year.

2、 Market analysis

This week, the domestic TDI market deadlock finishing, good hard to find. The supplier’s willingness to ship has been enhanced, the space for actual single negotiation has increased, the overall offer is lower than the low end, but the effect of buying up is not buying down sentiment, the downstream follow-up is not good, and there is little heard about on-site transactions. As of the 19th, the quotation of domestic goods with tickets in the East China market was 10500-10600 yuan / ton, and that of Shanghai goods with tickets was 10800-11000 yuan / ton; the narrow range of the North China market was sorted out, the shipping resistance of the operators was large, and there was little heard of the on-site transaction; the narrow range of the South China market was weak, the atmosphere was stalemate, and the low price was heard.

In terms of toluene, the focus of market negotiation fell this week, the crude oil continued to rise in the week, the fundamentals of toluene market was weak, and the market was significantly affected; the downstream demand was not strong, the negotiation atmosphere was not active, and the toluene inventory could not be effectively alleviated, the price of toluene fell back this week, as of the 19th, the average domestic price was about 3550 yuan / ton, down 4.05% on last week, and it is expected that the domestic toluene Market in the later stage will be in decline The trend is stable for the time being.

3、 Future forecast

According to the analysis of the data analyst of the business agency: at present, the domestic TDI market is in a weak position, the pressure of the industry’s shipment is large, the downstream follow-up is poor, the supply and demand game in the market continues, the downstream inquiry enthusiasm is not high, and the transaction in the market is less. It is expected that the TDI market will run weakly in the later stage and pay attention to market news.