According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China remained stable with small fluctuations this week. As of October 16th, the average market price in East China was 13300 yuan/ton, and as of October 14th, the average price was 13300 yuan/ton. There was no increase or decrease during the week, with a year-on-year decrease of 30%.
| PVA |
This week, the TDI market has been consolidating and operating, with supplier quotations showing significant stability and small fluctuations, maintaining overall stability. Downstream purchases are made according to demand, and the enthusiasm for entering the market is not high. The overall market trading is weak, with weak upward momentum.
The upstream toluene market continues to decline, with a significant increase in supply. Holders are actively shipping, while downstream purchasing intentions are more cautious, maintaining a focus on replenishing essential inventory.
According to the analysis of the future market, the TDI data analyst from Shengyi Society believes that the current TDI market is significantly constrained by demand, and the attitude of suppliers to support prices has weakened. Under the guidance of weak and unprofitable news in the future market, it is expected that the TDI market will operate weakly in the short term.
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