The average price of TDI market in East China on the 9th was 15933.33 yuan / ton, up 7.17% compared with yesterday and 24.48% higher than last year, according to the data from the bulk list of business associations. On September 9, the TDI commodity index was 84.30, up 5.64 points compared with yesterday, 66.01% lower than 248.02 points (2016-10-19), and 60.39% higher than 52.56 points, the lowest point on May 5, 2020. (Note: period refers to 2011-09-01 to now).
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The domestic TDI market is up strongly. Foreign TDI plants are equipped with force majeure. The listed prices of factories have been raised sharply. The quotation of dealers has been adjusted greatly. The downstream sponge and other products have been followed up. They have given the market reverse support. The market operators are cautious and mainly digest the increase, and the high price transaction is less. On the upstream side, the price of toluene rose slightly, the port inventory was high, and the market supply was still surplus. However, the demand for blended oil and solvent in the downstream showed signs of improvement. The demand for toluene was slightly improved, and the overall supply and demand situation tended to be balanced.
Business agency data analyst analysis: at present, the domestic TDI market tends to be strong. After the factory guide price has been increased significantly, the dealers follow the offer to the high level, and the downstream also provides reverse support to the market. In the short term, the domestic TDI market continues to run strongly and pays attention to the downstream follow-up.
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