Price trend
According to the Commodity Market Analysis System of SunSirs, the price of TDI in the domestic market has been continuously declining recently. As of April 18th, the price of domestically produced TDI products ws around 10,000-10,400 RMB/ton, while the price of Shanghai products was around 10,500-10,600 RMB/ton.
Analysis review
The market has sufficient spot supply, but downstream demand continued to be poor. With an oversupply situation, the market atmosphere was pessimistic and there was a lack of trading volume.
Market outlook
The news was bleak and lacked positive support, so it is expected that the TDI market will remain weak in the near future.
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