According to the Commodity Market Analysis System of Business Society, the domestic TDI price trend in May first rose and then fell. At the beginning of the month, the average TDI market price was 19500.00 yuan/ton, and at the end of the month, the price was 16200.00 yuan/ton. Within the month, it was reduced by 3300 yuan/ton, with an overall decrease of 16.92%.

In May, the TDI market rose first and then fell, with overall weakness and weakness. Before May 12th, the TDI market showed an upward trend, mainly due to tight spot prices on the market, leading to an increase in the guidance prices of major manufacturers. Under the guidance of the news, the prices offered by holders followed the trend; Starting from the 14th, the TDI market has shown a ladder like decline, with prices falling again and again, from 20166.67 yuan/ton to 16200.00 yuan/ton at the end of the month, a decrease of 19.00%. During this stage, the market has continued to decline, mainly due to the impact of psychological factors. Since the release of news on the supply side and device production capacity, bearish sentiment in the trade market has been shrouded. Holders have been continuously lowering their orders to stimulate shipment, and the mentality of the operators has continued to be pessimistic. The focus of TDI transactions has been constantly downward, By the end of the month, TDI prices have stabilized.

The upstream toluene market first fell and then rose, with a price of 7130.00 yuan/ton at the end of the month, a decrease of 320 yuan/ton or 4.30% compared to the price of 7450.00 yuan/ton at the beginning of the month. On the cost side, naphtha fluctuated and fell, while raw material prices were bearish. The price of toluene declined, and the performance of the toluene market was weak.

According to TDI data analysts from Business Society, the current TDI capacity utilization rate has increased, supplier support has weakened, and the trading market is cautious. Holders are actively shipping, but downstream demand is limited. Follow up on demand when entering the market to pick up goods, and the market trading atmosphere is weak. Under the supply and demand game, it is expected that the TDI market range will be sorted out in the future. Specific attention will be paid to factory news guidance and downstream follow-up after the holiday.