According to the Commodity Market Analysis System of Business Society, the TDI price in East China slightly increased in late January. On January 30th, the average market price in East China was 16900 yuan/ton, an increase of 100 yuan/ton compared to the price of 16800 yuan/ton on January 21st, an increase of 0.60%.

In late January, the domestic TDI market was consolidating and operating, with slight price fluctuations. The filling of spot goods in factories is slow, with suppliers mainly raising prices. The trading market follows the market and actively ships. Many sets of TDI devices in factories have lowered their negative prices, slightly boosting the market. Holders have slightly increased their offers, but downstream purchases are average, and the market trading atmosphere is weak. There have been rumors of a small number of low-priced transactions, and the overall market growth is weak.

The upstream toluene market is relatively strong and rising. On January 30th, the domestic average price of toluene was around 6940 yuan/ton, an increase of 2.06% compared to the price of 6800 yuan/ton on January 21st. The international crude oil prices have fluctuated and risen, with good support from the cost and external prices of toluene. The rebound of toluene prices in Asia has provided some support to the domestic market, while downstream demand has shown weak performance and limited support for toluene. Under the influence of costs, the toluene market has slightly risen.

In the future market analysis, TDI data analysts from Business Society believe that the domestic TDI spot filling is slow, factories are mainly supportive of the market, and the trade market mentality is stagnant. Holders are actively shipping, but downstream purchasing enthusiasm is not high, and the rise of suppliers is limited. On the market, there is a strong wait-and-see sentiment. Under the supply-demand game, it is expected that the TDI market will remain stagnant and consolidate in the future. Specific attention will be paid to downstream purchasing situation and the release of market news from suppliers.