The good news continued, and the TDI market continued to reach a high level

According to the monitoring data of the business community, the price trend of TDI in East China continued to rise. On October 18, the average market price in East China was 27166.67 yuan/ton, 26.95% higher than the price of 21400.00 yuan/ton on October 10, and 35.33% higher than the beginning of the month.

 

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The TDI market is running on the strong side. The demand for TDI in the overseas market is strong. The factory maintains export orders as the main part. In terms of domestic supply, the TDI factory continues to supply in limited quantities. The spot market is tight, and the bullish atmosphere is strong. The holders of goods are reluctant to sell, and the quotations follow the market sharply. As of the 18th, the quotation range of domestic goods in the distribution market in East China is about 26000-27000 yuan/ton, and the quotation range of Shanghai goods is 27000-27500 yuan/ton. The actual order negotiation is the main part.

 

The upstream toluene market ran smoothly, and the price trend was temporarily stable. As of October 18, the domestic average price of toluene was about 7790 yuan/ton, up 1.43% from the beginning of the month. The downstream demand of toluene is weak, the terminal gasoline continues to fall, the wait-and-see atmosphere is strong, the market trading atmosphere is general, and the toluene market is weak.

 

According to the analysis of the future market trend, TDI data engineer of the business agency believed that the overseas market demand was strong, the domestic downstream demand was average, the factory continued to supply in limited quantities, the market spot was tight, the bullish atmosphere was strong, the supplier’s offer was firm, and the supplier’s benefit continued. It was expected that the TDI market would operate at a high level, and the downstream follow-up situation would be specifically concerned.

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