TDI market rose slightly (6.13-6.19)

According to the monitoring data of business agency, the TDI price trend in East China this week was stable and upward. As of June 19, the average market price in East China was 17325 yuan / ton, an increase of 0.73% compared with the price of 17200 yuan / ton at the beginning of the week, and an increase of 1.76% month on month.

 

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Within the week, the TDI market was reorganized and operated, and the supplier released the news. The Shanghai plant is expected to be overhauled in July, and the market supply may be tightened. The factory has an obvious attitude of supporting prices, and the offer of the goods holder was raised. However, due to the weak downstream demand, it was just necessary to follow up, the on-site trading did not improve, and the purchase was less than expected. The TDI market only rose slightly. As of the 19th, the quotation range of domestic goods in the distribution market in East China is about 17200-17300 yuan / ton, and the quotation range of Shanghai goods is 17500-17600 yuan / ton, mainly through negotiation. The dealer’s quotation is adjusted with the market news, and the market is stable for the time being.

 

The upstream toluene market was sorted down, and the price trend of the week fell slightly. As of June 17, the domestic average price of toluene was about 9060 yuan / ton, down 1.84% from last week. Crude oil fell in a wide range, and the positive US gold market weakened, the external news weakened, and the support for toluene weakened. In addition, the downstream had strong resistance to high priced toluene, so the follow-up was cautious, and the focus of toluene moved down during the week.

 

According to the analysis of TDI datagrapher of business society, the domestic TDI market has a strong wait-and-see mood, the downstream demand is weak, and the upstream rise is weak. It is learned from the supplier that there will be plant device maintenance at the end of June, and the market is expected to rise in the future. Specifically, it is also necessary to pay attention to the downstream follow-up, mainly the short-term TDI market wait-and-see consolidation.

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