December 29th News
On December 29th, a major manufacturer in Shanghai announced the January TDI spot opening price at 15,100 RMB/ton, offering a 20% supply discount to direct sales customers for the first ten days of the month. Chempricehub's analysis of TDI assigns a bearish score of -1. The article indicates that the manufacturer's promotional strategy, including the discounted supply, reflects pressure from oversupply or weak demand. This move is likely aimed at stimulating sales to alleviate inventory pressure, which will increase market supply and exert downward pressure on TDI spot prices. In the short term, prices are expected to face downward pressure, leading to the bearish rating.