In July 2025, the European MDI market remained stable, with production at moderate levels due to limited benzene supply and weak downstream demand. Supply chains were strained by port congestion and low Rhine River levels, though steady internal EU trade helped reduce the impact. Demand from the polyurethane sector was moderate to low, supported slightly by EV production, while the construction sector saw slow progress due to high costs and labor shortages. Looking ahead, MDI prices are expected to rise in the second half of Q3, driven by stronger demand for coatings and limited supply during the summer holidays.
