1、 Price trend
According to the data in the large scale list of business agencies, the price of domestic TDI market in March was significantly reduced. The average ex factory price of domestic TDI at the beginning of the month was about 11066.67 yuan / ton, and the average ex factory price of domestic TDI at the end of the month was about 10266.67 yuan / ton, down 7.23% in the month, down 22.61% year-on-year.
| EDTA |
2、 Market situation
Product: the domestic TDI market price falls this month. In the early stage, the supplier will mainly stabilize the price of goods and increase the export. In the later stage, the supplier’s load is high. In the later stage of high inventory, the mentality is biased towards goods delivery. The industry is more pessimistic about the future market. In the case of weak downstream demand, the market center of gravity may be further explored. The market is surrounded by negative air. The market continues to decline. At the end of the month, the center of gravity breaks through the “ten thousand yuan pass”. By the end of 31 days, the quotation of domestic goods with bills in East China is 9500-9700 yuan / ton, the quotation of Shanghai goods with bills is 9800-10200 yuan / ton; the quotation of domestic goods with bills in South China is 9500-9800 yuan / ton, the quotation of Shanghai goods with bills is 9900-10000 yuan / ton, left and right; the quotation of domestic goods with bills in North China is 9800 yuan / ton, and the quotation of Shanghai goods with bills is 9800 yuan / ton The reference price is 10000-10200 yuan / ton.
| Melamine |
Industry chain: the price trend of nitric acid in the upstream of TDI in China fluctuated upward this month, and the market price by the end of the month was 1600 yuan / ton, 3.23% lower than 1550 yuan / ton at the beginning of the month. The market demand was light and stable, and the market in the later period was volatile; in terms of upstream toluene, the toluene Market in East China continued to decline. Affected by international crude oil shocks and falls, as well as the sharp drop of toluene price in South Korean market, the main source of toluene import, although domestic enterprises have gradually entered the resumption period, the market demand has been improved slowly, and the domestic toluene price has followed the decline. At present, the mainstream price in East China is 3600 yuan / ton. It is expected that the price of toluene in the later domestic market will fluctuate.
3、 Future forecast
According to the analysis of the data analyst of the business agency: at present, the TDI market is weakening as a whole, the price of toluene is falling sharply, and the load of the factory is high, the profit space is increasing, the operator is now in a short mood, there is less on-site inquiry, and the transaction is cold. It is expected that the TDI market will be weak in the later period and pay attention to the policy guidance of the factory.
| EDTA 2Na |