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Home > News > Paint & Coating News > Polysilicon soared 41%, TDI rose another nearly RMB2000/ton

Polysilicon soared 41%, TDI rose another nearly RMB2000/ton

2020-08-25

China's polysilicon quotes 65333.33 yuan per ton on August 24, up 41.01% from 46333.33 yuan per ton at the beginning of this month. In addition to polysilicon, prices of a variety of chemicals over the past few days showed an upward trend.

Recently by the downstream market demand and the impact of continued heavy rainfall in the south, most enterprises to maintain low inventories, tight supply in some areas. 24 August polysilicon quotes 65333.33 CNY/ton, compared with the beginning of this month 46333.33 CNY/ton rose 41.01%. The current domestic polysilicon manufacturers operating rate is low, probably to maintain six maintenance or load reduction to start, but also to promote the polysilicon market continued upward.

In addition to polysilicon, a variety of chemical prices over the past few days have shown an upward trend, some even maintained a longer-term trend and momentum is not diminished.

According to the above data can be seen, TDI (13.51%), acetone (12.04%), polysilicon (11.36%), butadiene (11.31%) ranked in the top four positions of the list of gains, and rose more than 10%, TDI prices in just 7 days prices rose nearly 2,000 CNY/ton.


Located at the top of the list of TDI rose astonishingly, recently, the external device changes more frequently, involving a total capacity of 3.41 million tons, overall global operating rate fell sharply. Following the Wanhua Chemical, BASF has announced an increase in MDI list price, Cangzhou Dahua, Dow significantly increased TDI prices again caused market concern. Industry insiders said that the core logic of this round of TDI price increase is that manufacturers raise prices due to less inventory pressure, this trend may continue to September.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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