According to the data of the business news agency’s block list, the price trend of TDI market was downward. On the 30th, the average price of East China market was 13866.67 yuan / ton, down 2.35% month on month.
Domestic TDI market wait-and-see finishing, floor trading atmosphere continues to be light, the offer enthusiasm of the goods holders is not high, the downstream inquiry is general, the terminal market is in the off-season, just need to purchase mainly, and the market becomes a small number of orders. By the end of June 30, TDI’s domestic goods with tickets out of East China market should be around 13200-13400 yuan / ton, and Shanghai’s goods with tickets out should be around 13600-13700 yuan / ton.
The upstream toluene market was weak and volatile, supported by high crude oil level, and there was a strong wait-and-see mood in the market. On the 30th, the domestic average price of toluene was 5761 yuan / ton, which was stable compared with yesterday’s price. Due to weak demand and maintenance of some downstream devices, toluene is expected to maintain weak and volatile, so we should pay attention to the maintenance of toluene devices.
According to TDI data analyst of business society, at present, the domestic TDI market has a strong wait-and-see attitude, and the shippers are not enthusiastic about shipping. They maintain the principle of negotiation. Judging from the dynamics of large factories at the end of the month, the overall market fluctuates little, while the downstream market is in the off-season, and there is no good news to support the market. It is expected that the TDI market will maintain a stable operation in the later period, and pay attention to the dynamics of the terminal downstream.
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