According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China has slowed down this week. As of September 19th, the average market price in East China was 13800 yuan/ton. On September 15th, the average price was 13866/ton, a decrease of 0.48% during the week and a year-on-year increase of 3.37%.
This week, the decline in the TDI market has decreased and the downward trend has slowed down. TDI major factories have stable production, stable market supply filling, and an increased willingness of suppliers to support prices, while the demand side remains weak. During the week, major factories in Shanghai suspended trading and reporting, boosting business confidence. Intermediaries often follow the market trend, while downstream companies, due to tightened profits and low market entry enthusiasm, are constrained by demand, resulting in a weak TDI market.
| POLYVINYL ALCOHOL |
Supply side: The Yantai Wanhua TDI plant will be shut down for maintenance starting from August 19th, with an expected maintenance period of about 40 days. Other devices maintain stable operation.
Cost wise: The trading atmosphere in the toluene market is bearish, with average market transactions and limited guidance on news. There is a strong wait-and-see atmosphere.
In terms of future analysis, TDI data analysts from Shengyi Society believe that the current TDI price has fallen to a certain level, and industry players are becoming increasingly cautious in their operations. Under the supply-demand game, it is expected that the TDI market will narrow and consolidate in the short term.
| http://www.polyvinylalcohols.com |