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In February 2010 the global TDI market review-TDI, the market - the chemical industry by zyzy wang
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In February 2010 the global TDI market review-TDI, the market - the chemical industry by ZYZY WANG
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| Article Posted: 03/09/2011 |
| Article Views: 96 |
| Articles Written: 2301 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 711 |
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In February 2010 the global TDI market review-TDI, the market - the chemical industry |
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Business,Business News,Business Opportunities
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The North American market: Although the North American manufacturers as early as January on the attempt to TDI prices increased 10 cents / lb, the current market price is still under consultation. Even if worldwide supply of good buyers and sellers on price expectations, there are still quite different.
Buyer, said the two sides are still in talks on the price, but the current price range did not change significantly. The seller that the price increase to take measures to improve the profitability of the industry is very necessary. Chemical industry Giant Dow Chemical Freeport, Texas claims to the TDI plant due to heavy losses will be permanently shut down in the second quarter, the news also attracted market attention. The TDI plant in Brazil will continue to operate.
Temporarily shut down for part of the production, supply the local market is more compact now. Globally speaking, as the Asian region in December and January saw strong demand consumes a lot of cash, on the North American market will not increase supply. In mid-February traditional Chinese Lunar New Year holiday comes, market participants said imported from Asia, supply will increase.
Overall, the buyer did not claim that shutting down the Texas Dow panic TDI unit, while the market is also more complicated this comment, some people think that the second quarter, tight supply possible state, while others believe that in the past years significantly reduced U.S. demand for TDI will make supply and demand pattern will be re-adjusted.
The seasonal weakness in overall demand this month the state. This seasonal factors may even affect the March and early April of the mattress and Furniture Market Sell . With the end of government stimulus, Car Industry suppliers have said that a quarter of the market more slowly than the fourth quarter of last year. Weather and other factors, the slow pace of recovery in the construction industry.
South American market: South America this month TDI spot prices relatively stable in 3200 U.S. dollars / ton CFR, with the stability of the global market and U.S. prices were flat.
Europe: Although by the end of January and early February have heard slightly weaker spot prices, the European TDI market in January to the end of this month, remained stable overall, although some manufacturers tried to raise prices this month. Foam manufacturers and contractors have continued to bargain earlier this month. In general, the local high market prices steadied as the global market, only a slight fluctuation in recent weeks, early 150-200 euros / ton price increase will not materialize.
In December last year, market prices 30-80 euros / ton, the contract price in the first quarter reflected. With the quarter to finalize the contract price, the next round of price fluctuations in the opportunity or will appear in March, the contract price for the second quarter are under consultation.
At the same time, buyers and sellers are cautious outlook on demand to be, supposedly with the end of winter, the construction market trend of the long-awaited rise in demand will bring about positive promotion, but the auto industry continued malaise. In the case of the supply of good, some buyers worried about the late start early purchase price, which the market expects good sales in January, while February's sales will have a good start.
It is reported that global supply is balanced, if demand for a number of sources of supply in Asia will be added, and the market say that as China entered the Lunar New Year, the local market will slow growth. In Europe, Bosu Chemical announced plans in March for a 10-day maintenance.
The Middle East, Africa and India: While there are news in January early steep price hike in mid-TDI 250 U.S. dollars / ton price for buyers and sellers are still on the game. As of filing date of this report, the local market price of the basic TDI steady in 3050-3150 U.S. dollars / ton. I am an expert from China Chemicals Products, usually analyzes all kind of industries situation, such as liquor flasks , stoneware mugs.
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