According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China continued to decline this week. As of September 5th, the average market price in East China was 14100 yuan/ton, and on September 1st, the average price was 14700 yuan/ton, a decrease of 4.08% during the week and a year-on-year increase of 2.92%.

This week, the TDI market continued its downward trend. The on-site trading is relatively quiet, and the supply of goods is relatively stable. Mainly driven by downstream demand, enter the market at low prices. Intermediary quotes follow the market trend, and the market lacks positive news to boost it. Under the guidance of buyers, the focus of TDI transactions continues to decline.
Supply side: The TDI plant in Yantai 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 market for toluene is weak, with a moderate trading atmosphere and weak supply and demand.
Market analysis shows that the TDI data analyst from Shengyi Society believes that the current trading atmosphere in the TDI market is weak, and downstream resistance to high prices is not reduced. It is expected that the TDI market will maintain a weak trend in the short term.