According to the monitoring data of business agency, the price trend of TDI in East China continued to decline this week. The average market price in East China at the weekend was 16750 yuan / ton, a decrease of 3.60% compared with the price of 17375 yuan / ton on July 16, and a decrease of 5.37% month on month.

During the week, the TDI market was weak and downward, the market news was quiet, the factory had no clear message guidance, the domestic and foreign trade demand was weak, the downstream market entry enthusiasm was not good, and the shipholders negotiated shipment at the expense of profits. The trading atmosphere on the floor was still weak, and the demand follow-up was limited. In order to maintain the pace of shipment, the TDI offer was continuously reduced. As of the 22nd, the quotation range of domestic goods in the distribution market in East China is about 16200-16700 yuan / ton, and the quotation range of Shanghai goods is 16500-17000 yuan / ton, mainly based on actual order negotiation. Dealers followed the market, and the quotation followed the decline, with a slight decline in the market during the week.

The upstream toluene market was weak and downward, and the price trend fell during the week. As of July 22, the domestic average price of toluene was about 7880 yuan / ton, down 11.75% from the beginning of the month. The crude oil market was mainly volatile, and toluene in the outer disk rose. However, in terms of downstream demand, most downstream plants were in a state of shutdown, and the follow-up was weak, which gave limited market support, and the center of gravity of toluene moved down during the week.

TDI datagrapher of business agency analyzed that the domestic TDI market is in a stalemate between supply and demand. Although there are many factories in the maintenance state, the suppliers have no inventory pressure, and the downstream demand continues to be weak. The export market of the terminal industry is general. There is less positive news on the floor, and the freight holders sell goods at a profit, and the offer is reduced. A small number of people in the floor just need to follow up. Under the sentiment of buying up or not buying down, it is expected that the aftermarket of TDI will continue to be weak, and the specific downstream follow-up needs to be paid attention to.