for nearly three years, the domestic TDI prices continued to hover at 12 thousand -1.7 yuan / ton, the domestic TDI prices this year occurred in the most powerful eruption in October hit the supply of raw materials encountered Koth nitrate force majeure, TDI prices exceeded 50000 yuan / ton, compared with the average price in 2016 1-10 months last year growth of 34.03%.

This is a phase jump, by the end of December 6th, with the recovery of the domestic and foreign enterprises driving device, the tight supply situation has eased, TDI prices have been gradually return to rational, the domestic price fell to 20 thousand yuan range, the monitoring data of HC Chemical Network in East China shows, the price set at 28600 yuan / ton, the price in East China 28000 yuan / ton, East China is priced at 28700 yuan / ton.

2015-2017 domestic TDI price trend

TDI analysis of rose
2016 foreign TDI device maintenance shutdown, fault, caused by the international TDI market supply shortage, the domestic TDI products are exported, resulting in the imbalance between supply and demand in domestic market. From the beginning of the end of March this year, the international TDI market tight supply, foreign users have come to domestic procurement, because this year the TDI export side also led to domestic TDI supply and demand imbalance, the domestic product is out of stock, prices have risen TDI.

In December, by the upstream toluene effect, TDI price rising state weakened, analysis from the supply side perspective, the steady supply of toluene in various regions of our country. East China toluene Market, buying up not smooth, clinch a deal the stalemate; Southern China toluene market buying wait-and-see; North China Trading atmosphere light, the real single transaction is not much, expected future domestic market will trend to maintain a narrow range of toluene.

Weak demand

In 2016 China’s TDI consumption is mainly concentrated in the downstream areas, sponge and products it is understood that the sponge accounted for 73%, accounting for 15%, 6% coating sealant, elastomers and other products accounted for about 6%. Statistical data, the apparent consumption of about 684 thousand tons in 2016 China TDI, compared with 656 thousand and 800 tons in 2015 4.14%. growth is expected in 2016 TDI a slight increase in the amount of consumption in 2015. However, this situation will be restricted in 2017, because the future of real estate investment growth will slow further, sponge, elastomers, adhesives and other downstream market becomes weak, the market demand of TDI next year.

Analysis of import and export