According to the Commodity Market Analysis System of Business Society, TDI prices in East China remained stable and upward this week (5.20-5.24). As of May 24th, the average market price in East China was 15000 yuan/ton, an increase of 100 yuan/ton compared to the price of 14900 yuan/ton on May 20th, an increase of 0.67%.

This week, the TDI market has remained stable with minor fluctuations. Downstream demand continues to be sluggish, with average enthusiasm for entering the market, limited market trading, and a conflicted mentality in the trade market. Holders tend to offer mostly stable prices, and the supportive attitude of suppliers during the week has been released. The focus of market trading has slightly increased, but the trading atmosphere on the exchange is not good, with insufficient positive support, TDI prices have once again stabilized.

The upstream toluene market is operating steadily, with the domestic average price of toluene around 7500 yuan/ton as of May 24th, which is unchanged from the price of 7500 yuan/ton at the beginning of the week. International crude oil is experiencing weak fluctuations, with weak support from the cost of toluene; The production of xylene has slightly decreased, and the demand for toluene is relatively weak; The decrease in inventory at the port has eased the pressure on the toluene market to a certain extent, and under multiple factors, the domestic methanol market price remains stable.

In the future market analysis, TDI data analysts from Business Society believe that the factory equipment is currently operating smoothly, with high market capacity utilization, weak supplier support, weak downstream demand, limited entry into the market for procurement, and insufficient market confidence. Under the supply-demand game, it is expected that TDI will be weak and prices will fluctuate narrowly in the future. Specific attention will be paid to the follow-up situation of downstream procurement.