Price trend

On July 14, the average TDI market price in East China was 17,375 RMB/ton, down 0.57% from the previous working day, and the market conditions were weak.

Analysis review

Recently, the epidemic situation repeated in some areas, the downstream demand was weak, and the stockholders had negotiated shipments at a profit-cutting. The mentality of the industry was stalemate, the buying atmosphere in the market was general, and the market was running weakly.

On the 14th, the quotation range of TDI dealers in East China was about 17,100-17,400 RMB/ton for domestic products, and 17,400-17,700 RMB/ton for Shanghai goods.

Market outlook

It is expected that in the short term, the TDI market will mainly wait and see, and the price may fluctuate slightly, with specific attention to market supply and downstream follow-up.

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