The Hexamethylene Diisocyanate price trend showcased bearish movement in June xxxx as producers reduced their Hexamethylene Diisocyanate quotations notably by xxx to stimulate a sluggish market and improve offtakes amid subdued demand from buyers. The supply availability was ample to cater to the demand from the downstream Polyurethane segment. The downturns in the construction sector continued to persist as purchasing sentiment dwindled, which led to low demand for Polyurethane materials in the construction sector. At the same time, car sales in Germany fell by x.xx in May xxxx. Consequently, the consumption of Polyurethane foam fell from the Automotive sector, and orders diminished for PU component Hexamethylene Diisocyanate, keeping inventory levels steady across Europe.
Demand was sluggish for Hexamethylene Diisocyanate from the Polyurethane segment. The housing sector remained the weakest performer, although the rate of decline slowed to its lowest in eight months. Commercial building projects experienced a...
