On August 17th, the TDI market was slightly stronger

According to the Commodity Market Analysis System of the Business Society, the average TDI market price in East China on August 17th was 19100.00 yuan/ton, an increase of 1.24% compared to the previous working day of 18866.67 yuan/ton, indicating a strong market trend. The factory’s stock is tight, prices are firm, and suppliers are strong in the market. The market has learned that the latest executed price of TDI at a certain factory in Shanghai is 20200 yuan/ton, with a month on month increase of 700 yuan/ton. The supplier’s news guides the trade market’s quotation to rise, and TDI prices have risen. Downstream parties have resistance to high prices, and purchasing in the market follows up on demand. The market supply and demand game, and the trading atmosphere is weak, which to some extent suppresses the increase of TDI.

 

At present, the supply of goods is tight, and the supplier’s mentality is relatively strong. It is expected that the short-term TDI market will consolidate and operate at a high level, and specific attention will be paid to the situation of factory equipment.

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