I. price trend
The TDI commodity index on November 18 was 62.61, down 1.41 points from yesterday, 74.76% from 248.02 (2016-10-19), and 4.06% higher than 60.17, the lowest point on February 22, 2016. (Note: cycle refers to 2011-09-01 to now)
II. Market analysis
| Potassium monopersulfate |
Products: according to the statistics of the business agency, the price trend of TDI in the East China market was lowered on the 18th. The average price of TDI in the East China market was 11833.33 yuan / ton, down 2.20%. The TDI market in East China is weak, the atmosphere is low, and the volume of transactions is insufficient. The industry has reported stable negotiation and shipment, and the low price is still kept. At present, the quotation of domestic goods with bills is 11300-11400 yuan / ton, and that of Shanghai goods with bills is 11600 yuan / ton.
Industrial chain: compared with the previous trading day, the price of toluene of Sinopec’s enterprises in South China was raised by 150 yuan / ton. The listing price of Shandong refining enterprises is stable today, about 5700 yuan / ton, and that of traders in East China is stable, about 5800 yuan / ton. In terms of nitric acid, at present, the price trend in East China is stable, the weak quotation of manufacturers tends to be stable, and the prices of some manufacturers are slightly reduced. Nitric acid market demand is still weak, the market is weak and stable, and weak consolidation is expected in the later stage.
| ferric sulfate (Poly ferric sulphate) |
Industry: the factory is still weak. Last week, the guidance price of Shanghai factory has been reduced to 12100 yuan / ton, and the settlement price of North factory is 11900 yuan / ton. The supplier is more negative. Some factories abandon the price and guarantee the quantity, which depress the market mentality and reduce the market confidence. The low price spot and futures market continue to refresh. The overall mentality of the industry is pessimistic, and the profit continues to be delivered. The market atmosphere is low, and the transaction volume is insufficient, Low price offers are frequent.
III. price forecast
TDI analysts of business agency think that after the narrow decline of domestic TDI market last week, the downstream follow-up is still sluggish, just need to follow up with small orders. With the downward price exploration, the mentality of the industry tends to be cautious, and the decline slightly slows down. It is expected that the TDI Market will be weak and volatile this week, and pay attention to the factory news guidance.
| Azodicarbonamide (AC foaming Agent) |