Hot Reports
China TDI Markets: Stability Will Become The Key Rhythm Recently
2010-07-22 [Source: Pudaily]
PUdaily, Shanghai-For the moment, China TDI market performs to be steady. Despite price rising from domestic factories, transactions are not seen wildly vigorous as most clients have reserved some low-priced materials early periods.
In the south, buyers are not eager to seek materials and sellers are not active in making quotations. Transactions are lull and flat in the markets.
In the east, some sellers attempt to raise prices higher than RMB 21500/ton but downstream clients are hard to accept temporarily owing to poor demands in the off-peak season, as well as orders in the second half of this year are not better than expected. Shanghai stocks are basically cited at RMB 21000-21300/ton for transactions.
In the north, transactions are largely nominated at RMB 20800-21000/ton from suppliers but some offers are heard at RMB 21500/ton for small clients. Facing with higher prices and certain stocks level, some buyers remain wait-and-see stance.
Judging from current transaction situation, transaction volumes are shrunk greatly compared with previous two weeks. It is predicted that TDI prices are hard to go up constantly and stability will become the main theme in the short run.
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