Price Trend
According to the data from the business associations’list, the price trend of domestic TDI market increased slightly this week. The average market price in East China was about 1360.00 yuan/ton at the beginning of the week and 13666.67 yuan/ton at the end of the week. The average market price in East China rose by 0.49% in the week and fell by 54.90% year on year.
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II. Market Analysis
Products: This week, the TDI market in eastern China is deadlocked and prices are rising slightly. This week’s purchasing is weak, downstream users in the inventory digestion stage, the market is priceless, traders slightly divergent, the domestic market is slightly cold, most of the business offer stability follow the market. As of the 12th, the quotation of domestic goods with tickets in East China is 13300-13500 yuan/ton, that of Shanghai is 13500-13700 yuan/ton, that of South China is 13400-13500 yuan/ton, that of Shanghai is 13600-13800 yuan/ton, and that of North China is 13600-13800 yuan/ton. 13300-13500 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 13500-13700 yuan/ton.
| Gamma PGA |
Industry chain: The price trend of nitric acid in the upstream is slightly lower. At the beginning of the week, the market price is about 1783.33 yuan/ton. At the end of the week, the market price is about 1773.33 yuan/ton. Within the week, the decline is 0.56%. The price quoted by mainstream manufacturers in Jiangsu is about 1720 yuan/ton, which is weak. Anhui mainstream manufacturers quoted 1800 yuan per ton. Shandong manufacturers quote 1800 yuan/ton. The quotation of the manufacturer is basically stable, and the quotation of individual manufacturer is somewhat loose. The nitric acid shipment situation is general. Toluene market prices were stable from the beginning of the week to the middle of the week. Oil prices rebounded in the second half of the week, and prices began to rise. At present, the mainstream prices in East China are around 5,500 yuan/ton, up 1.34% in the week.
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3. Future Market Forecast
According to the analysis of business data division, this week, the factory continues to give the power to continuously release the good news to stimulate the market transaction, but the downstream is obviously not cold. The overall response of the demand is slightly dull. The purchase is still in the doldrums, and the domestic TDI market is difficult to fluctuate.