According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China has stopped falling and risen this week. As of September 12th, the average market price in East China was 13866 yuan/ton, and on September 8th, the average price was 13666/ton, with a weekly increase of 1.46% and a year-on-year increase of 1.22%.

This week, the TDI market has stopped falling and rebounded. During the week, there were frequent positive news from suppliers, with large northern factories offering a 20% discount on supply, resulting in tight supply. The guidance price for major factories in Shanghai has been raised to 14200 yuan/ton due to tight inventory. The news has boosted the confidence of industry players, and intermediary quotes have been raised. Downstream demand is dominant, with low enthusiasm for entering the market, accompanied by price increases, resulting in sluggish transactions.
Supply side: The Yantai Wanhua TDI plant will be shut down for maintenance starting from August 19th, with an expected maintenance period of about 40 days. Other devices maintain stable operation.
Cost wise: The overall toluene market is weak, with average market transactions and limited guidance on news, creating a strong wait-and-see atmosphere.
In terms of future market analysis, the TDI data analyst from Shengyi Society believes that the current TDI market has a high atmosphere of supply side price support, but the demand side support is limited. The market will closely monitor changes in supply and demand, as well as news segments. In the short term, downstream market entry enthusiasm is not high, and it is expected that the TDI market will digest the increase and organize its operation.