According to the bulk list data of business agency, the price trend of TDI in East China continued to decline in July. At the beginning of the month, the average market price of TDI was 17625 yuan / ton, and at the end of the month, the average price of TDI was 15850 yuan / ton. During the month, it was reduced by 1775 yuan / ton, with an overall decrease of 10.07%. As of July 31, the domestic goods with tickets are about 15200-15500 yuan / ton, and the Shanghai goods with tickets are about 15500-16000 yuan / ton.

In July, the TDI market continued to be weak, and prices fell continuously during the month. In the first half of the month, the market fell by a narrow margin, the downstream terminals were in the traditional off-season, the demand was weak, the shippers negotiated to ship at a profit, the spot goods in the factory were tight, the market mentality gave some support, and the market focus moved down slightly; In the second half of the month, the TDI market fell broadly, mainly due to the downturn in the terminal industry, weak domestic and foreign trade demand, coupled with market news that the TDI devices of Shanghai factory have been restarted one after another, the incremental inventory of goods in the field is expected, the supply support is weakened, the cargo holders actively sell goods at a profit, and the focus of trading and investment continues to move downward.

The upstream toluene market fluctuated downward. On July 31, the price was 7640 yuan / ton, down 1260 yuan / ton from 8900 yuan / ton at the beginning of the month, with an overall decline of 14.16%. Crude oil fell broadly this month, toluene in Asia fell deeply, external news support was weak, the domestic downstream market of toluene was weak, demand follow-up was insufficient, trading on the floor was light, and under the influence of multiple bad news, toluene prices fell broadly.

TDI datagrapher of business agency analyzed that at present, the domestic TDI market is in a game of supply and demand. The supply of supplier factories is stable, and the offer of cargo holders is temporarily stable. Although the downstream demand has not been improved, the market just needs to buy more than before. The operators are cautious and wait-and-see, and the short-term TDI market is low.