TDI price trend is stable temporarily (5.25-5.29)

1、 Price trend

 

According to the data of the large scale list of business agencies, the price trend of TDI market is stable this week. The average price of East China market in this week is 11100.00 yuan / ton, up 100 yuan / ton, or 0.91%, compared with 11000.00 yuan / ton last weekend, down 12.37% year on year.

 

2、 Market analysis

 

This week, the domestic TDI market was reorganized and operated. Towards the end of the month, the supplier continued to release good news. However, the downstream inquiry and purchase were weak, and there were also low price offers. The market was dominated by more supply and demand games, and the attitude of the operators was obviously different. There was little follow-up in the downstream, and the price settlement of each factory at the end of the month was more to be seen. As of the 29th, the quotation of domestic goods with tickets in East China market is 10500-11000 yuan / ton, and that of Shanghai goods with tickets is 11000 yuan / ton. At present, the North China market is relatively strong, the market atmosphere is relatively quiet, and the majority of them are cautious; the South China market is wide and volatile, the downstream inquiry is not hot, and the transaction is limited.

 

EDTA 2Na

On the upstream side, the market of toluene is stable and rising this week. With the recovery of European and American economy, the global demand is expected to improve. The international crude oil price is higher, and the oil price is generally in a relatively high and volatile trend. Effective guidance is given to the toluene Market. As of the 29th day, the quotations of East China’s dealers are about 3650 yuan / ton, and the domestic average price of toluene is about 3640 yuan / ton, 1.11% higher than last week, and the domestic toluene market is expected to be stronger in the later stage.

 

3、 Future forecast

 

According to the analysis of the data analyst of the business agency: at present, the domestic TDI market is sorted out, and the monthly listing prices of the factory side are published one after another, which shows a strong market attitude. However, the supply and demand game in the market continues, the downstream inquiry enthusiasm is not high, and the follow-up is not good, and most of the enterprises hold a wait-and-see attitude. It is expected that the short-term TDI market may be consolidated upward and market news will be followed.

EDTA