According to the monitoring data of business agency, the price trend of TDI in East China continued to decline this week. On July 29, the average market price in East China was 15850 yuan / ton, a decrease of 5.37% compared with the price of 16750 yuan / ton on July 23, and a decrease of 10.07% compared with the beginning of the month.

During the week, the TDI market continued to decline weakly, the downstream terminal industry was depressed, the domestic and foreign trade demand was weak, and the enthusiasm for entering the market purchasing was not good. During the week, the TDI devices of Shanghai factories were restarted one after another, the increment of on-site inventory was expected, the supply support was weakened, the cargo holders were actively shipping, the focus of trading was constantly moving downward, the on-site trading atmosphere was weak, and the market was weak. Dealers follow the market and offer lower prices. As of the 29th, the quotation range of domestic goods in the distribution market in East China is about 15200-15500 yuan / ton, and the quotation range of Shanghai goods is 15500-16000 yuan / ton, mainly based on actual order negotiation.

The upstream toluene market was weak and consolidated, and the price trend in the week fell first and then stabilized. As of July 29, the domestic average price of toluene was about 7640 yuan / ton, down 14.16% from the beginning of the month. The crude oil market rose slightly, supporting the rise of toluene in the outer market. However, in terms of downstream demand, most domestic downstream plants were in a state of shutdown, and domestic demand was not followed up smoothly, giving limited market support. The toluene market was on the sidelines during the week.

TDI datagrapher of business agency analyzed that the trading atmosphere in the domestic TDI market was quiet, the support of suppliers was weakened, the downstream demand continued to be weak, and the supply and demand performance was deadlocked. A small number of Companies in the market just needed to follow up. The support for TDI was limited, the mentality of the industry was poor, and the sentiment of buying up or not buying down was strong. It was expected that the aftermarket of TDI would continue to operate weakly. Specific attention should also be paid to the downstream follow-up.