According to the Commodity Market Analysis System of Shengyi Society, TDI in the East China region performed weakly this week, with prices slightly falling. As of November 15th, the average market price in the East China region was 12850 yuan/ton, and on November 11th, the average price was 12950 yuan/ton. The weekly decline was 0.77%, and the year-on-year decline was 23.96%.

This week, the TDI market has been running weakly, with upstream units operating relatively stably and downstream entry enthusiasm low, resulting in low transaction volume. Traders are more active in shipping and have increased the room for negotiation, leading to a shift in the focus of TDI prices.

Supply side: Domestic equipment is in a stable state, and the preliminary inspection equipment has also returned to normal.

Cost wise: The upstream toluene market continues to decline, downstream demand remains weak, toluene continues to loosen and soften, and trading is weak.

According to the analysis of the future market, the TDI data analyst from Shengyi Society believes that the current TDI market atmosphere is relatively pessimistic, with all the positive supply points exhausted. With the negative impact on the demand side in the future, it is expected that the TDI market will operate weakly in the short term.