On March 2, the TDI commodity index was 58.73, up 0.18 points from yesterday, down 76.32% from 248.02 (2016-10-19), and up 0.31% from 58.55, the lowest point on March 1, 2020. (Note: cycle refers to 2011-09-01 to now)

According to the data in the business club’s bulk list, on the 2nd, the TDI market price in East China was 11100 yuan / ton. Yesterday, the market slightly increased. The factory had a clear attitude towards the market. The industry followed the factory’s policy and was reluctant to sell at a low price. However, the downstream demand recovery was slow, the purchase was limited, and the transaction was rarely heard. At present, 10800-11000 yuan / ton is the reference for domestic delivery with bills, and 11000-11200 yuan / ton is the reference for Shanghai delivery with bills. In terms of nitric acid, the enterprises started work gradually, and the market supply gradually recovered, supported by aniline. However, the nitric acid market demand is limited, coupled with the impact of transportation, and the market demand is general. At present, the average production price in East China is 1500 yuan / ton, down 3.23% from yesterday. In terms of toluene, compared with the previous trading day, Sinopec’s central China enterprises today lowered the price of toluene by about 400 yuan / ton. Affected by market concerns, the international crude oil market continued to decline, and the domestic market toluene price or shock finishing operation.

According to the analysis of the data analyst of the business agency: last week, the domestic market was narrower and stronger, and the factory had a clear attitude towards the market. At present, the logistics is gradually recovering, and the demand may be increased, but the overall downstream inventory is high, the inquiry intention is insufficient, and the wait-and-see attitude is obvious. It is expected that this week’s market interval is mainly sorted out, and the market news is focused.