1、 Price trend
According to the data of the large scale list of business agencies, the price trend of domestic TDI market is stable this week. The average price of East China market in this week is 11700.00 yuan / ton, up 2.03% from 11466.67 yuan / ton at the end of last week, down 16.82% year-on-year.
| EDTA |
2、 Market analysis
Products: this week, the domestic TDI market has been reorganized and operated. The trading atmosphere in the market is light. The holiday atmosphere has begun to accumulate. The company’s offer is mainly stable. The downstream market has gradually entered the holiday state. The intention to enter the market has weakened, and the activity of buying is low. In addition, the recent price is relatively high. Some of them have turned to futures after the year, and there is a lack of spot trading. As of the 10th day, the domestic goods in East China will be delivered with bills and offer reference to 11400-11600 yuan / ton.
Industrial chain: in terms of nitric acid, the price this week is weak and stable. The average ex factory price in East China is 1600.00 yuan / ton in the week. The market of nitric acid industry is sluggish and the demand is fair. The quotation of enterprises is basically stable and weak. It is expected that the nitric acid market will continue to be weak. In terms of toluene, influenced by political factors, international crude oil futures fluctuated significantly in the intraday, and toluene market also fluctuated. In the first half of the week, affected by the sudden tension between the United States and Iran, the market rose rapidly. In the second half of the week, due to the gradual relationship between the United States and Iran, the market volatility fell. At present, the mainstream price in East China is about 5600-5650 yuan / ton. It is expected that the toluene market will continue to fluctuate next week.
| Melamine |
3、 Future forecast
According to the analysis of the data analyst of the business agency: the TDI market “long empty game”, the supplier takes no inventory pressure as the advantage, the factory pushes up the offer of the manufacturer, but the downstream response to the high price is flat, the manufacturer is now more stable and wait-and-see, the low price is spared, the atmosphere is weak, it is expected that the TDI market will be operated in a narrow range in the later period, and pay attention to the factory news.
| EDTA 2Na |