TDI USD price keeps a stagnant situation in China
Published: 20 Feb 2009 01:10:42 PSTIn the domestic TDI market, RMB prices are plummeting and the demands are still poor. Since 2009, the domestic TDI output and storage can basically meet the feeble demands, which descend the import-dependence. As a result, the importers and clients are indifferent to the imported TDI stocks.
For the moment, Korean stocks are offered at USD 2100-2150/t but the transacted prices are at USD 2050/t. Recently, there are rumors of USD 2000/t below transacted in the markets.
Taiwan and Poland suppliers supply no stocks recently while the Japanese suppliers adhere to the strategy of reducing production for protecting prices.
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