Price trend
According to the Commodity Market Analysis System of SunSirs, the price of TDI in the domestic market has remained stable and high recently. As of this Friday, the price of TDI domestic goods was around 13,800-14,000 RMB/ton, and the price of Shanghai goods was around 14,000-14,500 RMB/ton.
Analysis review
As the end of the year approaching, logistics were restricted, on-site supply filling was slow, downstream production was gradually suspended, and procurement efforts were weakening.
Market outlook
The upstream had a strong willingness to raise prices, and it is expected that the TDI market will maintain a high level of operation during the Spring Festival period.
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