January 23rd News
It is reported that South Korea's OCI began a shutdown for maintenance of its TDI unit on January 16th, with the maintenance expected to last approximately two weeks. Chempricehub's analysis of TDI indicates a bullish-bearish score of 1. The two-week shutdown of OCI's TDI unit for maintenance will lead to a short-term reduction in supply, and TDI spot prices are expected to rise. This event is considered a moderate positive, as the maintenance period is limited. However, the shutdown of a major producer may exacerbate the supply-demand imbalance in the market.