Hot Reports
TDI Market Predication By PUdaily Consultant Early Week
2010-07-27 [Source: Pudaily]
PUdaily, Shanghai-Domestic TDI market starts with stability early this week and traders are not anxious to make quotations but in-position view TDI prices announcement from upstream TDI factories.
On July 26, leading Shanghai TDI supplier down revised prices by RMB 2000/ton to RMB 21000/ton for August list price and what's worse, July settlement prices are surprisingly lower than RMB 20000/ton, concluding at RMB 19000-19500/ton for diverse clients.
In light of the little price difference between Shanghai stocks and home-made cargoes, transaction situation will further subdue if northern domestic goods stabilize at RMB 21000/ton this week. On the contrary, if prices fall down sharply, suppliers will face severe production costs again.
PUdaily consultant predicts that northern domestic materials may be down regulated slightly to the scope of RMB 20000-20500/ton this week.
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