22 Aug 2007 - The first half of 2007 has witnessed the fluctuation and accidents taking place in domestic TDI market, which has been significantly influenced by the suppliers' shutdown in Mistui, BASF and Gansu Yinguang, as well as the price leap caused by TDI blast in Cangzhou Chemical. Such a circumstance caused a grim challenge for suppliers, traders and downstream manufacturers.
With a view to the market trend, domestic market price for TDI remained at the higher level, coupled with the tight supplies. It has been reported that the Third 2007 TDI Sales Union held by Gansu Yinguang will kick off on November 17th. Following enterprises are invited to this conference: China Weapon Industry Group, North Chemical Parent Company, China PU Association, Yinguang Company and some TDI manufacturers. They will spark the hot debate on international and domestic market trend and play the leading role in the stable market.
In light of the supply and demand, Shanghai BASF has scheduled a two-week turnaround on its TDI facility on September. This might cause the repercussion on TDI supply in East China market. Meanwhile, Gansu Yingung has another maintenance plan on September. As a result, domestic TDI supply on September and October remained the nervous situation. As downstream industry is closed to the slack season, market demand went up synchronically, followed by the price-up for TDI. The downstream manufacturers have revealed the huge influence from the previous price leap. As to the future market, manufacturers predicted a stable market with higher price level caused by the tight supplies.
With a view to the market trend, domestic market price for TDI remained at the higher level, coupled with the tight supplies. It has been reported that the Third 2007 TDI Sales Union held by Gansu Yinguang will kick off on November 17th. Following enterprises are invited to this conference: China Weapon Industry Group, North Chemical Parent Company, China PU Association, Yinguang Company and some TDI manufacturers. They will spark the hot debate on international and domestic market trend and play the leading role in the stable market.
In light of the supply and demand, Shanghai BASF has scheduled a two-week turnaround on its TDI facility on September. This might cause the repercussion on TDI supply in East China market. Meanwhile, Gansu Yingung has another maintenance plan on September. As a result, domestic TDI supply on September and October remained the nervous situation. As downstream industry is closed to the slack season, market demand went up synchronically, followed by the price-up for TDI. The downstream manufacturers have revealed the huge influence from the previous price leap. As to the future market, manufacturers predicted a stable market with higher price level caused by the tight supplies.
