According to the Commodity Market Analysis System of Shengyi Society, the TDI market in East China continued to rise this week. As of May 16th, the average market price in East China was 11900 yuan/ton, and as of May 12th, the average price was 10600 yuan/ton. Within the week, it increased by 2.59% and decreased by 20.13% year-on-year.
This week, the TDI market has shown a strong trend, with prices continuing to rise. During the week, the supply side raised prices and expected a reduction in supply. However, downstream market participation remained positive, and the trading atmosphere heated up. In addition, the implementation of tariff policies has further boosted market confidence and increased trading volume.

Supply side: Fujian and Gansu are operating at medium to high loads, and BASF in Shanghai has a maintenance plan in mid May.
Cost wise: The price of toluene has stopped falling and increased, with an average price of 5340 yuan/ton at the beginning of the week and 5594 yuan/ton over the weekend, representing a 4.77% increase during the week. Downstream demand is dominant, with average enthusiasm for entering the market.
Market analysis shows that the TDI data analyst from Shengyi Society believes that the current trading atmosphere in the TDI market is still acceptable, but the market inventory is low. The maintenance of large factories is imminent, and the expected filling of goods is slowing down. It is expected that the TDI market will be strong in the short term.