The Methylene Diphenyl Diisocyanate (MDI) prices remained stagnant in the North American market amid moderate supply and steady demand. Production rates were maintained by producers, amid consistent availability of feedstock benzene, despite the limited supplies of feedstock Aniline in the regional market. At the same time, supply rates were moderately low to the importers as US exports faced challenges amid trade deficits due to new tariffs. Meanwhile, consistent use of downstream products like rigid polyurethane foams, insulation boards, and structural adhesives from the automotive and construction sectors kept the demand firm from the downstream Polyurethane sector. The strong industrial activity countered external pressures and led to a stable pricing trend. However, price increases are anticipated for MDI in the coming weeks, with the beginning of the final quarter of the year due to seasonal restocking by manufacturers and distributors in anticipation of Q4 demand. At the same time, residual hurricane season risks may disrupt production and logistics in the coming weeks.
