Price trend
According to the Commodity Market Analysis System of SunSirs, the price of toluene diisocyanate in the domestic market has been fluctuating at a low level recently, and the price was at a low level. As of this Friday, toluene diisocyanate domestic goods were priced around 11,800-12,200 RMB/ton, while Shanghai goods were priced between 12,200-12,400 RMB/ton.
Analysis review
There was sufficient supply of goods on site, with obvious price pressure from intermediaries. The market was in a situation of oversupply, and businesses lacked confidence, resulting in a concentration of low-priced transactions.
Market outlook
Under the supply-demand game, it is expected that the toluene diisocyanate market will operate at a low price in the short term.
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