TDI USD price trend report in China (March 3)
Published: 03 Mar 2009 00:01:00 PSTRecently, Korean Won to USD depreciates to 1570:1, which makes further declining space for USD prices in Korea. For the moment, although the three sets of Korean TDI facilities keep low operation rates, the suppliers are facing slight pressure in disposing stocks because of poor demands from China.
At present, the mainstream quotations are at USD 2000-2050/t with the actual prices mainly at USD 2000/t but even lower for big accounts. Meanwhile, the mainland and Hong Kong buyers feel indifferent to the offers from oversea Poland and Bayer stocks.
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