According to the Commodity Market Analysis System of Business Society, the average TDI market price in East China on October 11th was 18900 yuan/ton, an increase of 1.07% compared to the previous working day of 18700 yuan/ton, indicating a strong market performance. After the holiday, the intensive release of TDI factory equipment maintenance news has boosted market sentiment, causing a significant increase in the quoted prices of cargo holders. The market learned that Shanghai Kesichuang has once again closed down due to inventory constraints, and suppliers have a strong intention to support the market. The trade market follows the guidance of the news, and the quoted prices of cargo holders continue to rise.
The downstream side follows up on demand, with strong support from on-site suppliers and a bullish mindset among operators. It is expected that the short-term TDI market will continue to operate strongly, and specific attention will be paid to the downstream follow-up situation.
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