According to the monitoring data of the business agency, the TDI price trend in East China this week was stable. As of May 27, the average market price in East China was 16775 yuan / ton, unchanged from the price at the beginning of the week, with a month on month decrease of 6.28%.

During the week, the TDI market was weak. After the load of the Shanghai factory was increased, the on-site spot supply was relatively sufficient. However, the demand of downstream terminals was still weak, there were few foreign trade export orders, insufficient follow-up of on-site purchase, quiet market news, cold on-site trading atmosphere, large and stable offers from the holders, and negotiation on shipment for profit. The market performance was weak and stable. As of the 27th, the quotation range of domestic goods in the distribution market in East China is about 16300 yuan / ton, and that of Shanghai goods is 16600-17000 yuan / ton, mainly through negotiation. The dealer’s quotation is adjusted with the market news, and the market is stable for the time being.

The upstream toluene market was up, and the price trend continued to rise during the week. As of May 27, the domestic average price of toluene was about 7910 yuan / ton, an increase of 1.27% over the beginning of the week. With the arrival of the peak demand for gasoline in the United States, the price of toluene in the U.S. gold plate has pushed up. There is a strong demand for toluene in Asia. Domestic toluene exports are positive. The atmosphere in the East China market is active, and the quotation of toluene is rising.

According to the analysis of TDI datagrapher of business society, most domestic TDI devices are overhauled, the manufacturers’ inventory is not under pressure, and the spot supply is OK. However, in the case of insufficient demand, the supply side is weak. The downstream demand in the market is light, the trading atmosphere is cold, and the demand is difficult to be positive in the off-season. It is expected that the short-term TDI situation will continue to be in a stalemate, and the future market trend will pay attention to the downstream follow-up.