In 2016 China’s TDI consumption is mainly concentrated in the downstream areas, sponge and products it is understood that the sponge accounted for 73%, accounting for 15%, 6% coating sealant, elastomers and other products accounted for about 6%. Statistical data, the apparent consumption of about 684 thousand tons in 2016 China TDI, compared with 656 thousand and 800 tons in 2015 4.14%. growth is expected in 2016 TDI a slight increase in the amount of consumption in 2015. However, this situation will be restricted in 2017, because the future of real estate investment growth will slow further, sponge, elastomers, adhesives and other downstream market becomes weak, the market demand of TDI next year.

Analysis of import and export

In 2016 1-10 month domestic TDI total imports reached 16580492 kg / kg, the average import price of $2.16, representing a decrease of 72.4%; 1-10 month 2016 domestic TDI total exports reached 120583585 kg, representing an increase of 60.2%, the average export price of 1.75 U.S. dollars / kg.

The import situation analysis, TDI imports continue to decline this year. It is reported that in 2015 the domestic TDI is mainly imported from South Korea and Japan, after the abolition of anti-dumping tax, Japan once again poured into the supply, but due to poor overall domestic market last year, annual imports declined TDI. Surprisingly, despite the 2016 TDI market improves, imports are still less than last year.

2015-2016 year 1-10 month TDI domestic import and export data comparison

The export situation analysis, this year TDI was good in exports last year, mainly concentrated in the second half of this year, this year showed that the domestic TDI capacity is good, it is understood that in 2016 Chinese TDI production capacity reached 840 thousand tons; output is expected to reach 810 thousand tons. We can see that in 2016 the domestic TDI yield growth significantly, the operating rate of TDI increased significantly, indicating that TDI industry development will tend to balance supply and demand.

In summary， Weak trend of upstream raw material market, the downstream market demand is not enough to support, is expected in 2017 Chinese TDI price trend is still weak.