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Toluene diisocyanate (TDI) in the US聽moved from a sideways posture into a clear upward swing by late March ****, driven more by market sentiment and geopolitical risk than by a sudden supply shock. Early March saw assessed values hold broadly steady as downstream restocking faded after January, but mid-month sentiment shifted and pushed assessments higher into the final week. Inventories remained at normal seasonal levels (about **鈥** days) and Gulf Coast plants operated without major outages, yet rising aromatics risk and freight/insurance concerns fed a risk premium that underpinned the late-month rally.
TDI demand patterns were mixed across end-use sectors, supporting a bifurcated market response. Flexible polyurethane foam for mattresses and residential furniture maintained routine order patterns while automotive seating demand remained soft; converters largely stayed on formula contracts, muting spot activity. Against this backdrop TDI FOB Texas was assessed at USD *,***/MT in...
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