TDI Imports Snapshot in South China

2010-02-22 [Source: Pudaily]


PUdaily, Shanghai-Offers for TDI futures in March from Korea and Japan are unclear. During the China Lunar Spring Festival holiday, TDI inventories of Korean producers are enlarged.

To particularly interest, along with continuous depreciation for Euro, TDI material priced by USD faces pressure to slow down, resulting in poor sales for Asian materials in Middle-East and Africa and it is predicted that offers for imports will be adjusted to USD 3000/ton or even lower. The buying intentions from Hong Kong and southern clients are at USD 2900-2950/ton.

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