SunSirs: The Price of Tetrahydrofuran Fell This Week
February 17 2023 11:52:11 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the price of tetrahydrofuran fell this week. At the beginning of the week, the average price of tetrahydrofuran was 16,860.00 RMB/ton. On Thursday, the average price of tetrahydrofuran was 16,500.00 RMB/ton, down 2.14%.
Analysis review
The quotation of tetrahydrofuran enterprises was lowered. Cost support still existed, and suppliers continued to support the market. However, the downstream view of the future market was cautious, and the real order follow-up was limited and the price was negotiated, and the holders negotiated the real order according to the market.
Market outlook
The tetrahydrofuran analyst of SunSirs believes that the domestic downstream PTEMG spandex market of tetrahydrofuran was stable, the demand was weak, and the cost side support became stronger. In the short term, the tetrahydrofuran market as a whole will remain weak.
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