Price Trend
On August 21, the TDI commodity index was 71.43, down 0.88 points from yesterday, down 71.20% from the cycle peak of 248.02 points (2016-10-19), and up 18.71% from the lowest point of 60.17 on February 22, 2016. (Note: Period refers to 2011-09-01 to date)
II. Market Analysis
| sulphamic acid |
Products: According to statistics, TDI prices in East China market are declining. TDI prices in East China market fell 1.22% to 13500 yuan/ton on the 21st. The TDI market in East China is weak and wait-and-see. The on-site traders pay more attention to factory news, good news is scarce, the overall atmosphere in the field is depressed. Only sporadic small orders follow-up, the offer of traders is temporarily stable, and the discussion of shipment is the main thing. 。 Domestic goods with tickets out of the warehouse offer reference 12900-13000 yuan/ton, Shanghai goods with tickets out of the warehouse offer reference 13100-13200 yuan/ton, the actual single negotiation is low.
Industry chain: Compared with the previous trading day, the listed toluene price of Sinopec’s enterprises is flat today. Shandong Geotechnical Refining Company’s listing price was raised by 50 yuan/ton today. Traders’quotations have been slightly lowered today. The quotations in East China are about 5600 yuan per ton. As for nitric acid, the market of Jiangsu nitric acid is weak and the demand of nitric acid market is not good. The quotations of manufacturers in Shandong, Huainan, Anhui and other places have been lowered, and the market demand is general.
| Sulfamic acid 99.50% |
Industry: Domestic TDI market is vulnerable, good news is scarce, pessimistic atmosphere is growing, the overall mindset of the business is weak, mainly to negotiate shipment, individual low-price hearings, with the bottom of the price, a small number of transactions follow-up, but it is difficult to effectively support the situation.
III. Price Forecast
TDI business analysts believe that the domestic TDI market is weak in the latter stage, focusing on factory information surface guidance.
| Sulfamic acid |