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In the first half of October ****, Methylene Diphenyl Diisocyanate (MDI) prices declined in the European region. The MDI production rates were steady due to the high availability of feedstock Benzene supplies in the regional market. Additionally, a decrease in Benzene costs driven by a decline in upstream Crude Oil prices reduced the production costs of MDI.
At the same time, supply rates were consistent from regional suppliers, and Europe鈥檚 supply chains showed steady progress despite global challenges. Trade between European countries remained firm, especially in Eastern regions like Poland and the Czech Republic. Governments and businesses worked together on greener transport methods and used more digital tools to make supply chains stronger for the future.
Concurrently, MDI demand remained stable in the downstream Polyurethane (PU) sector, supported by consistent activity in both the automotive and construction industries. In the automotive sector, MDI...
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