The domestic TDI spot market is generally on the decline

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Last week, the domestic TDI spot market showed an overall downward trend. The market price of TDI in North China remained stable, with sluggish trading activity. Most suppliers quote between 19,500 and 20,000 yuan per ton, while some reports suggest a price of 20,500 yuan per ton. Sporadic purchases downstream. The TDI market in East China is showing signs of weakness. Last weekend, deals at around 21,000 yuan per ton were already rare; most negotiations took place at prices between 19,500 and 20,500 yuan per ton. There were also a few transactions involving quantities over 100 tons, with prices ranging from 19,200 to 19,300 yuan per ton. Pessimism is widespread among TDI sellers in South China. Spot prices excluding taxes are said to be between 19,300 and 19,700 yuan per ton for small orders; some imported goods arriving in March are said to be available for pre-order at 18,700 to 19,000 yuan per ton (excluding taxes).