TDI prices fall; market is sluggish; only essential purchases are being made

2021-04-30View Original

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TDI price trend: declining. Product, Origin, Quotation: Toluene, East China/North China – 5750/5600; TDI, Domestic/Shanghai – 14350/14600. TDI market overview: TDI prices continued to fall this week. There was no significant increase in export orders from manufacturers, and the spot market remained sluggish. The secondary market drove down prices actively, with suppliers eager to sell their stock. Factory prices were gradually released today, and market sentiment has stabilized. There is demand from downstream buyers for stockpiling ahead of the holiday, so market activity remains decent; however, many are adopting a cautious wait-and-see attitude at the end of the month.

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TDI prices fall; market is sluggish; only essential purchases are being made

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