According to the monitoring data of Business News Agency, the price trend of TDI in East China this week was weak and downward. On March 26, the average market price in East China was 17866.67 yuan/ton, a decrease of 1.29% compared to the price of 18100.00 yuan/ton on March 20, and a decrease of 8.38% compared to the monthly price.

This week, the TDI market was operating in a weak state, with quiet information on the market, tight supply of goods from suppliers, and a strong willingness to undercut prices. The demand end market was subject to sluggish trading. The downstream performance of TDI was flat, with few market inquiries, and the trade market atmosphere was cold. In order to maintain the pace of shipment, some shipholders lowered their offers, with significant pessimism on the market and a downward shift in the focus of market transactions. As of the 26th, the quotation range for domestic products in the distribution market in East China was around 17600 yuan/ton, The quotation range for Shanghai goods is 17600-17800 yuan/ton, and negotiation based on actual orders.

The upstream toluene market is running smoothly, with the domestic average price of toluene at around 7050 yuan/ton as of March 26, which is flat compared to the price on March 20. The toluene market has sufficient supply, and the enthusiasm of downstream buyers is moderate. The industry has a wait-and-see attitude, and the price of toluene has not changed much.

After market analysis, TDI data analysts from the business agency believe that the TDI market continues to play a game of supply and demand, with terminal demand tracking down, supply side supply is tight but support is limited, downstream suppliers are resistant to high-priced supply, and TDI prices are weak. In the short term, TDI market consolidation and operation will be followed up with specific attention.