1、 Price trend of tetrahydrofuran

(Figure: P value curve of tetrahydrofuran product)

2、 Market analysis

According to the data from the bulk list of business cooperatives, the price of tetrahydrofuran in this month rose first and then fell. The overall price of tetrahydrofuran was slightly reduced. At the beginning of the month, the average price of tetrahydrofuran was 17800.00 yuan/ton. In the middle and late of the month, it rose to 18675.00 yuan/ton, and then fell to 17725.00 yuan/ton at the end of the month, down 0.42% from the beginning of the month. The BDO on the raw material side was shocked and declined, the support on the cost side was weakened, the supplier’s attitude of keeping prices was dominant, the downstream maintained the follow-up of just needed orders, the overall inventory in the market was high, and the manufacturers of the goods gave way to profits for discussion, so the focus of delivery and investment did not fluctuate much.

The tetrahydrofuran analysts of the business community believed that the domestic tetrahydrofuran cost support was weakened. Although the downstream market of PTEMG spandex was strong, the downstream maintained the demand for orders to follow up, and the manufacturer’s quotation followed the market. In the short term, the overall market still has room for decline.