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Towards the end of the third quarter of ****, the Toluene Diisocyanate prices rose in the European market. It was due to the limited availability of Toluene Diisocyanate supplies in the region amid weak production rates and consistent offtakes from downstream Polyurethane industries. Toluene Diisocyanate production rates were affected by the constrained spot availability of feedstock Toluene in September **** due to a rise in input costs amid a decline in crude oil inventories in the market, attributed to a drop in US inventories amid export issues in Iraq, Venezuela, and Russia.
The supply rates remained moderate from regional suppliers, as Europe**;s internal trade remained stable during the month, with an increased focus on regional supply chains and domestic demand. Recent trade deals encouraged member states to boost trade within the European region. At the end of the month, Toluene Diisocyanate (T**) FD...
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