On July 14, the average market price of TDI in East China was 17375 yuan / ton, down 0.57% from the previous working day, and the market was weak. Recently, the epidemic has been repeated in some regions, the downstream demand is weak, and the cargo holders negotiate to ship at a profit. The atmosphere in the venue is still light, the enthusiasm of the downstream market entry is not good, the mentality of the operators is deadlocked, the on-site buying is general, and the market is weak. At present, the quotation range of dealers in East China is about 17100-17400 yuan / ton for domestic goods and about 17400-17700 yuan / ton for Shanghai goods.
It is expected that the short-term TDI market will focus on wait-and-see consolidation, and the price may fluctuate slightly, with specific attention to market supply and downstream follow-up.
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