Supply and demand game, TDI market weak

According to the Commodity Market Analysis System of Shengyi Society, the domestic TDI market prices have been fluctuating at a low level recently. Currently, the domestic TDI prices are around 11600-12000 yuan/ton, while the Shanghai prices are around 12000-12300 yuan/ton. The factory settlement prices have been gradually introduced, further suppressing market confidence. The market is in a situation of oversupply, and traders have a strong intention to sell at low prices. At the same time, demand is flat and transactions are low. It is expected that the TDI market will operate weakly at low prices in the short term.

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