TDI market consolidation operation this week (12.23-12.27)

1、 Price trend

 

According to the data of the large scale list of business agencies, the price trend of domestic TDI market is stable this week, and the average price of East China market is 11466.67 yuan / ton in the week, which is stable compared with the price at the end of last week, 38.02% lower than last year.

 

Polyglutamic acid agricultural grade

2、 Market analysis

 

Products: this week, the domestic TDI market was consolidated and operated. The overall atmosphere of the market was general. The company made stable offers and delivered goods. The downstream market intention was weak, the demand follow-up was poor, and the transaction volume was insufficient. As of the 27th, the quotation of domestic goods with bills in East China was 11000-11200 yuan / ton, and that of Shanghai goods with bills was 11300-11400 yuan / ton. The overall market atmosphere was weak, the inquiry and purchase were not smooth, and most of the enterprises kept stable shipment.

 

Polyglutamic acid 30%

Industry chain: the upstream nitric acid price is mainly consolidated, and the average ex factory price in East China is 1600.00 yuan / ton in the week. The market of nitric acid industry is sluggish, the demand is fair, the quotation of enterprises is basically stable and weak, and it is expected that the nitric acid market will continue to be weak. In terms of toluene, influenced by the long holiday in Europe and the United States, the market fell in shock this week compared with last week. At present, the mainstream price in East China is about 5500-5550 yuan / ton. With the end of the long holiday in Europe and the United States, the toluene market is expected to have a shock rebound next week.

 

3、 Future forecast

 

According to the analysis of the Data Engineer of the business agency: the market atmosphere of TDI is weak, the business offers are cautious and stable, the downstream demand follow-up is poor, the stock of raw materials is abundant, the intention to enter the market is low, the inquiry and purchase are weak, the transaction volume is poor, all parties pay attention to the information of suppliers, the later TDI market or weak consolidation and transportation bank, and the factory news.

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