1、 Price trend
| Sulfamic acid 99.80% |
According to the data from the business club’s bulk list, the TDI market price dropped this week, with the average price in East China at 13166.67 yuan / ton, down 5.95% compared with last weekend’s 14000.00 yuan / ton, and 13.51% higher than that of last year.
2、 Market analysis
During the week, the domestic TDI market was weak, and the market atmosphere was empty. At the beginning of the week, the market was mainly wait-and-see, and the industry was cautious. The market center of gravity shifted downward, and the downstream purchase on demand was weak. In terms of polyether price, the pressure of downstream sponge factories is greater, most of the manufacturers mainly purchase on demand, and the enthusiasm of buying has not improved, so the purchase of TDI is limited. As of the 29th, TDI domestic goods in East China market were quoted at 12500-12800 yuan / ton, and those in Shanghai were about 13000 yuan / ton.
This week, the market of toluene fluctuated, and the price rose slightly. As of the 29th, the domestic average price was about 3580 yuan / T, and the port inventory of toluene decreased slightly, but the pressure to remove the warehouse was still under. The downstream demand was general and the market supply was surplus. It is expected that the domestic toluene market would continue to fluctuate in the future.
3、 Future forecast
According to the data analysis of the business agency: at present, the domestic TDI market is weak, and the market mentality is empty. The downstream enters the off-season. In the later stage, the TDI market may be weak, and pay attention to the news of the downstream market.
| Sulfamic acid |