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In December ****, Toluene Diisocyanate (TDI) prices rose in the European market, driven by tightening supply conditions and reduced availability alongside steady downstream demand from PU industries.
Several producers in the region were running their plants at lower rates, despite a decline in feedstock toluene cost driven by a drop in crude oil and reformate values, which reduced the amount of TDI available in the market. Higher transport and energy costs during the winter also added pressure to overall costs, and fewer imports from Asia left European buyers with limited supply options.
At the same time, supply rates remained moderate in the regional market as trade within Europe remained steady yet cautious, showing that key sectors were still stable even with ongoing challenges. On the import side, European ports continued to receive regular shipments of TDI from...
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