According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China has experienced a downward trend this week. As of August 15th, the average market price in East China was 16066 yuan/ton. On August 11th, the average price was 16433 yuan/ton, a decrease of 2.23% during the week and a year-on-year increase of 13.95%.

The TDI market is experiencing a downward trend this week. High prices, low enthusiasm for downstream market entry, essential support, and low transaction volume. Partial profit taking is fast in and out, with a slight downward shift in the price center of gravity. The supplier’s quotation is firm, but the supply of goods is still tight. Under the game of supply and demand, the TDI market transaction price is loose.
Supply side: Xinjiang will stop for maintenance on July 16th, lasting about 35 days; Gansu stopped for maintenance on July 27th, lasting about 10-15 days. Hebei plans to temporarily stop for maintenance in mid August, lasting about 7 days.
Cost aspect: The price of toluene remains stable, with an average price of 5560 yuan/ton. The toluene market is affected by macro factors, with weak demand restraining prices.
In terms of future analysis, TDI data analysts from Shengyi Society believe that the TDI market will continue to maintain a tight supply situation. With the support of overseas orders, it is expected that the TDI market will continue to fluctuate within a certain range in the short term. We will closely monitor changes in market supply and demand as well as news sources.