According to the bulk list data of business society, the TDI market price continued to decline this week. On August 27, the average market price in East China was 14500 yuan / ton, down 3.81% from 15075 yuan / ton on August 21.
The TDI market was weak and downward this week. At the beginning of the week, the overall market was mainly wait-and-see. The enthusiasm of the cargo holders was not high. Waiting for the release of the factory news, the atmosphere in the venue was quiet. The downstream side just needed to follow up. The acceptance of high price TDI was not high, the market market was weak and downward. There were few factory news in the later stage, the market performance was weak, the overall trading continued to be light, the focus of negotiation shifted downward, and the TDI quotation was reduced, As of the 27th, domestic goods in the mainstream market in East China had been delivered with tickets for about 13800-14000 yuan / ton, and individual low price transactions were around 13600 yuan / ton; For the ex warehouse of Shanghai goods with tickets, the reference is 14200-14300 yuan / ton, mainly based on actual order negotiation. The dealer’s quotation is adjusted with the market news, and the market is weak during the week.
The price of toluene continued to decline this week. On the 27th, the average domestic price of toluene was 5661 yuan / ton, down 1.24% from 5732 yuan / ton on August 21. The business transaction was poor and the atmosphere was cold. During the week, crude oil rebounded strongly and the price of toluene increased slightly, but the overall driving force was limited, the demand weakened again, the toluene market mentality was bearish, the price continued to decline, and the toluene market was weak in the later stage.
According to the analysis of TDI data division of business society, the domestic TDI market is weak, the downstream purchase follow-up is not smooth, the market entry enthusiasm is general, and there are a few transactions on the floor. It is expected that the TDI market will be weak in the later stage, and the future trend will pay attention to the information guidance of the supplier.
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