Price trend

On August 2nd, the domestic TDI market was stronger and upward.

Analysis review

The market learned that the 160,000 ton plant of BASF, South Korea, was temporarily stopped on July 30, which increased the domestic demand. The supplier had a strong intention to support the market. The executive price of large factories rose, and the trade market followed the market. The offer of cargo holders rose with the market. The downstream demand was weak, and there was resistance to the high price. The market was mainly based on demand. The market trading atmosphere was general, and the supply and demand gamed in the market.

Market outlook

In the short term, the TDI market tends to be stronger, and it need to pay attention to downstream follow-up in the future.

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