According to the bulk list data of business society, the TDI price in East China rose first and then fell in February. At the beginning of the month, the average price of TDI market was 18475 yuan / ton, and at the end of the month, the average price of TDI was 19225 yuan / ton. It was increased by 750 yuan / ton within the month, with an overall increase of 4.06%. As of February 28, the reference value of domestic goods with tickets is around 18600-18700 yuan / ton, and that of Shanghai goods with tickets is around 18700-18900 yuan / ton.

As of February 28, the operation of domestic TDI plants is as follows:

The TDI market was strong in February, and the price rose first and then fell in the month. In the first half of the month, the market was still in a state of rapid rise before the festival. The on-site spot supply was tight, and major manufacturers successively raised the guidance price. The holders had a strong attitude of supporting the price, and the distribution market kept up with the rise. Although the market supply is still tight in the second half of the month, the downstream demand is less than expected, and the acceptance of high prices is not high. In addition, the export orders of the terminal industry are weakened, the downstream market entry is dominated by rigid demand, the offer of cargo holders is loose in a narrow range, and the TDI market is weak.

The upstream toluene market fluctuated upward. As of February 28, the price rose to 7363 yuan / ton, an overall increase of 21.62% over the price at the beginning of the month. After the Spring Festival, driven by the rise of the gasoline industry, toluene had a good start. However, the downstream industry resumed work slowly, the market demand was limited, and the price of toluene fell. In late February, the tension between Russia and Ukraine escalated, the short-term rise of crude oil was obvious, and toluene rose again.

According to the analysis of TDI data division of business society, the supply of TDI is favorable to the market, but the downstream demand is difficult to promote the continuous rise of prices. From the perspective of supply and demand performance, the short-term TDI market is weak. In terms of digesting the inventory situation in the later stage and the commencement of large factories, the post market situation is mainly stalemate and consolidation, and the specific follow-up situation in the downstream is concerned.