It is reported that a major plant in Shanghai has set the opening price for TDI in February at 14,300 RMB/ton, with a 50% discount offered through distribution channels. PriceSeek's analysis of TDI indicates a bearish score of -2. The opening price of 14,300 RMB/ton for TDI from the Shanghai plant, combined with a 50% discount in distribution channels (approximately 7,150 RMB/ton after discount), reflects severe oversupply or weak demand. This move may trigger panic selling in the market, driving down spot prices and leading to a significant decline. The score is strongly bearish, as the unusually large discount is expected to exert significant downward pressure on the spot market in the short term.
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