China TDI Market: Today's Quotation & Forecast

Today, China's TDI market is temporarily operating stably. The Shanghai BASF plant resumed operation on the 19th, and the supply of goods on the site is expected to increase, which is bad for the mentality of the industry. Exports of downstream terminals are blocked, consumption capacity is weak, and demand is always difficult to provide. Intermediaries have been cautiously waiting early this week, waiting for more information from suppliers, and mainstream offers have temporarily stabilized.

The East China TDI tax-included domestic products negotiated around 12000-12100 CNY/ton, and the tax-included Shanghai goods negotiated around 12700-12800 CNY/ton. South China TDI excluding tax for domestic products is around 10550 CNY/ton, and excluding tax for Shanghai products is around 11250 CNY/ton. The North China TDI tax-included domestic goods negotiated around 12100-12200 CNY/ton, and the tax-included Shanghai goods negotiated around 12700-12800 CNY/ton.

Market outlook forecast: The upstream inventory is sufficient, the mentality of stabilizing the market is obvious, the profit of the middlemen is small and there is resistance, but the downstream demand is difficult to raise, and the market atmosphere is deserted. The short-term domestic TDI market is expected to be weak. Single situation.