According to the bulk list data of business society, the price trend of TDI in East China continued to decline in November. At the beginning of the month, the average price of TDI market was 15500 yuan / ton, and at the end of the month, the average price of TDI was 14350 yuan / ton, a decrease of 7.42% in the month. As of November 30, the reference value of domestic goods with tickets is around 13800-14000 yuan / ton, and that of Shanghai goods with tickets is around 14000-14200 yuan / ton.

In November, the TDI market was weak, and the price continued to decline during the month. The domestic plant operates stably and normally, the supplier has no inventory pressure, the downstream demand continues to be weak, there are few on-site inquiries, the market trading atmosphere is general, the cargo carriers wait and see the market, the focus of negotiation continues to move downward, and the offer continues to decline within the month.

The upstream toluene market fluctuated downward, and the price was reduced to 66170.00 yuan / ton in November, with an overall decrease of 7.78% compared with the price at the beginning of the month. Affected by the international crude oil price shock, the cost side support weakened, dragged down the toluene market mentality, continued weak demand, coupled with the continuous downward impact of mixed xylene, the center of gravity of toluene continued to move downward.

According to the analysis of TDI data division of business society, at present, the TDI market is weak, the supplier’s factory has no inventory pressure, the downstream demand just needs to be followed up, and the transaction of new orders is weak. On the other hand, the market learned that keschuang and Wanhua Fujian may have maintenance plans in December. It is expected that the decline of TDI market will slow down, the aftermarket will be sorted and operated, and the downstream follow-up will be paid more attention to.