According to the monitoring data of business agency, the price trend of TDI in East China rose first and then stabilized this week. As of March 11, the average market price in East China was 19500 yuan / ton. Compared with the price of 19075 yuan / ton at the end of last week, it increased by 2.23% during the week and decreased by 0.38% month on month.

During the week, the TDI market was dominated by stalemate and consolidation. In terms of supply, there was little change in the start-up of domestic TDI plants. Gansu Yinguang and Yantai Juli devices had not been restarted, and the market spot continued to be tight. At the beginning of the week, the terminal polyether market was better, the overseas TDI supply was tight, which led to the increase of domestic exports, and the TDI price rose slightly. However, in the later stage, due to the impact of public health events, the terminal demand weakened, The downstream market entry only needs to be followed up. Under the supply and demand game, the TDI market is stable for the time being. As of the 11th, the quotation range of domestic goods in the distribution market in East China is about 19000-19200 yuan / ton, and that of Shanghai goods is 19500 yuan / ton, mainly through real order negotiation. The dealer’s quotation will rise with the market news, and will be sorted up within the week.

The upstream toluene market rose broadly, and the price continued to rise during the week. As of March 11, the domestic average price of toluene was about 8422 yuan / ton, up 5.92% from last weekend. Due to the continuous rise of crude oil caused by geopolitical tensions, the toluene market continued to rise, supported by the rise of cost, the toluene holders had a strong willingness to support the price, and the aftermarket was sorted out and operated at a high level.

According to the analysis of TDI data division of business society, at present, the supply side of domestic TDI market is tight, the downstream demand is weak, the supply-demand game is superimposed with the upstream cost support, and the high range of short-term TDI market is mainly sorted out. The future market trend depends on the downstream follow-up.