SunSirs: Insufficient Purchasing Power, TDI Market Was Weak and Declining

https://www.chemnet.com   Sep 23,2024 SunSirs

Price trend

According to the Commodity Market Analysis System of SunSirs, on the 20th, the domestic TDI market operated weakly, with TDI domestic goods priced around 13,000-13,100 RMB/ton and Shanghai goods priced around 13,100-13,200 RMB/ton.

Analysis review

The supplier lacked confidence in pricing, downstream purchases were made on demand, and the focus of TDI transactions had shifted downwards under the leadership of buying houses.

Market outlook

As of September 20th, there was a strong atmosphere of wait-and-see in the market, and in the absence of favorable demand in the short term, it is expected that the TDI market will have a weaker trend.

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