Epoxy curing agent Market TDI exports increased significantly in June

TDI exports increased significantly in June

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TDI Export: June 2022, ChinaTDIExport volume increased year-on-year65%, with significant year-on-year growth in many European and American countries
According to the latest data released by China Customs,2022year6In August, ChinaTDIexport volume was35,103 Tons, a year-on-year increase64.81%. , chain growth 49.97%. 6MonthTDITotal Export Remarkable year-on-year and quarter-on-quarter growth.
Table1. 2022Year6Month ChinaTDIExport volume, year-on-year growth rate and export volume proportion to major export destinations

Export Destination Country

Export volume (tons)

Proportion

YoY growth

Russian Federation

3,740

10.65%

98.94%

Brazil

3,305

9.42%

180.78%

United States

2,996

8.54%

Not exported in the same period last year

Indonesia

2,665

7.59%

166.49%

India

2,620

7.46%

Not exported in the same period last year

Japan

1,975

5.63%

Not exported in the same period last year

Vietnam

1,584

4.51%

Not exported in the same period last year

34.29%

Total

35,103

64.81%

From a monthly perspective, except for this year 1The monthly export volume is slightly higher than2021year1Besides the month,2~5The monthly export volume is lower than the same period last year. 6The monthly export volume is significantly higher than the same period, making 2022China in the first half of the yearTDI The total export volume reached17.48tons, with2021The first half of the year was flat.

Figure1 2021-2022Year of ChinaTDIMonthly export volume



Overall,6monthTDIExport Volume Significant growth, higher than the market generally expected, of which exports to Russia, Brazil and other major export destination countries increased significantly. In addition, the export volume to the United States and other European countries has also increased significantly. The main reason is that natural gas prices in Europe and the United States remain high, and local installations generally operate at reduced load, resulting in a supply gap.

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Overall,6monthTDIExport Volume Significant growth, higher than the market generally expected, of which exports to Russia, Brazil and other major export destination countries increased significantly. In addition, the export volume to the United States and other European countries has also increased significantly. The main reason is that natural gas prices in Europe and the United States remain high, and local installations generally operate at reduced load, resulting in a supply gap.

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