According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China maintained stable operation this week. As of August 16th, the average market price in East China was 14100 yuan/ton, which was the same as the price of 14100 yuan/ton on August 16th. There was no increase or decrease during the week, but a year-on-year decrease of 25.27%.

This week, the TDI market is in a state of consolidation and operation, and the market is in a stalemate. The enterprise quotation follows the market trend, and the sales situation is average. The downstream wait-and-see attitude is obvious. In order to stimulate sales, there are signs of loosening in the TDI market, and the actual transaction center has slightly shifted downwards.

The upstream toluene market continues to decline, and the overall market atmosphere is bearish, putting pressure on the price of toluene to decline. On the supply side, with the increase of port cargo, the supply is relatively loose, and the overall negative impact on the market is significant. Recently, prices have continued to decline.

In terms of future analysis, the TDI data analyst from Shengyi Society believes that the current TDI market trading is stable, and the supply side benefits have been exhausted. There is currently no new positive support in the market, and it is expected that the TDI market will operate weakly in the short term.