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    Home > Chemicals Industry > Rubber Plastic News > TDI: Where does the downtrend end?

    TDI: Where does the downtrend end?

    • Last Update: 2022-08-25
    • Source: Internet
    • Author: User
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    Entering November, the TDI downlink channel was officially opened.
    Before the deadline, the quotations of domestic goods with bills in East China refer to 12800-13300 yuan/ton, and the quotations of Shanghai goods with bills refer to 13300-13500 yuan/ton.
    It was down about 16.
    9% at the beginning of the month


    .


    In the first two weeks of the month, the market fell rapidly.
    The price of Covestro fell three times in a row by 3,700 yuan/ton from 17,000 yuan/ton to 13,500 yuan/ton.
    The operation is intensive, and the flight of goods at low prices has become the mainstream, resulting in an almost straight decline in prices


    .


    The turnaround occurred on the weekend of the second week.
    The price of related products polyether rebounded in the second week, and the downstream raw material inventory was low.
    In the face of high-priced raw materials, manufacturers have continued to purchase raw materials in a small amount and many times


    .


    When the price of polyether rose again, it caused some downstream users to panic about the TDI market in the later period, and many users took advantage of the low price of TDI to appropriately build positions


    .


    There is still export support for TDI factories, and it is unlikely that the inventory will be reduced.
    Therefore, under the game of supply and demand, it is expected that the short-term TDI market will remain weak and fluctuated


    .




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