| RSS
Business center
Office
Post trade leads
Post
Rank promotion
Ranking
 
You are at: Home » News » International »

SunSirs: TDI Market Fluctuated Downward in September

Increase font size  Decrease font size Date:2021-10-12   Views:6

  Price trend



  According to data from SunSirs’bulk list, the price trend of TDI in East China declined in September. The average price of TDI in the market at the beginning of the month was 14,333.33 RMB/ton, and the average price of TDI at the end of the month was 13,925.00 RMB/ton, an overall decrease of 2.85% during the month. As of September 30, the reference price of domestic goods with invoices was around 13,400-13,700 RMB/ton, and the reference price of Shanghai goods with invoices was around 13,600-13,900 RMB/ton.



  Analysis review



  In September, the TDI market fluctuated downward as a whole. In early September, the TDI trend was weak and stable. Although many factories' TDI installations were shut down for maintenance, the supplier's inventory was not pressured, and traders intended to increase prices. However, the downstream consumption of the terminal was slow, and purchasers followed up just on demand. The market was thin and the increase was weak. In late September, under the policy of dual control of energy consumption, downstream power and production were limited, and demand continued to be weak. In addition, there was no significant increase in foreign trade export orders. Under the game of supply and demand, market offers continued to decline, and the market remained weak and stable at the end of the month.



  The upstream toluene market first fell and then rose. In September, the price fell to 5,600.20 RMB/ton and then began to rebound. As of the 30th, toluene rose to 5,700 RMB/ton, an overall decrease of 1.24% from the beginning of the month. At the beginning of the month, downstream demand for toluene was general, and toluene declined slightly; later, the prices of gasoline and related aromatics rose sharply, supported by good external news, and toluene continued to rise. However, due to weak toluene market demand, negative attitudes in the market, weak downstream follow-up, and weak domestic spot market demand, the toluene market is expected to run weakly in the later period.



  Market outlook



  According to the analysis of the TDI data analysist of SunSirs, the TDI market was sorted and operated in September, and the major manufacturers announced the closing prices at the end of the month. The atmosphere in the market was mainly wait-and-see, the downstream demand was weak, and the market was weak. It was also learned from the market that due to steam supply problems, the restart time of the Cangzhou Chemical’s plant was still uncertain. It was expected that the market outlook in the short term would be stable and wait-and-see, with specific attention to downstream follow-up.


 
 
[ Search ]  [ ]  [ Email ]  [ Print ]  [ Close ]  [ Top ]

 
Total:0comment(s) [View All]  Related comment

 
Recomment
Popular
 
 
Home | About | Service | copyright | agreement | contact | about | SiteMap | Links | GuestBook | Ads service | 京ICP 68975478-1
Tel:+86-10-68645975           Fax:+86-10-68645973
E-mail:yaoshang68@163.com     QQ:1483838028