Price of Methylene Diphenyl Diisocyanate (MDI) Across Regions:
- United States: 2130 USD/MT
- China: 1990 USD/MT
- Europe: 2025 USD/MT
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Global & Regional Factors Impacting Methylene Diphenyl Diisocyanate (MDI) Price Trend by Last Quarter:
Methylene Diphenyl Diisocyanate (MDI) Price Trend in North America:
In North America, MDI market saw a bearish trend in the last quarter, driven by reduced demand and sluggish manufacturing in the Polyurethane segment. Declining consumption from end-user industries, particularly the automotive sector due to the United Auto Workers strike, contributed to this. Additionally, falling Benzene costs and stabilizing WTI crude oil prices, coupled with disruptions in the Panama Canal and Mississippi River, resulted in increased domestic inventories and further price declines.
Methylene Diphenyl Diisocyanate (MDI) Price Trend in APAC Regions:
In Asia-Pacific, MDI prices declined throughout the last quarter due to low demand from downstream industries and reduced manufacturing activities. Falling Benzene prices, driven by weaker economies in the US and Europe, led to lower production costs. Although PU consumption in the wood furniture market showed improvement towards the quarter’s end, regional destocking practices and supply chain concerns in the Suez Canal affected feedstock availability, keeping the overall market bearish.
Methylene Diphenyl Diisocyanate (MDI) Price Trend in Europe Regions:
In Europe, MDI prices dropped consistently in the last quarter, impacted by sluggish demand from the Polyurethane segment and reduced manufacturing activities. Adequate supply levels and a shift toward bio-based Polyurethane further weakened demand. The Eurozone Manufacturing Index showed a sector contraction, while production disruptions from Covestro’s force majeure in Germany and a slowdown in the wood furniture market due to a housing bubble burst exacerbated the bearish trend. This led to declining consumption of Polyurethane components across the region.
Key Details About the Methylene Diphenyl Diisocyanate (MDI) :
Methylene diphenyl diisocyanate (MDI) is a crucial chemical compound widely used in the production of polyurethane products, such as rigid and flexible foams, adhesives, coatings, and elastomers. It plays a key role in various industries, including construction, automotive, and electronics, due to its strong bonding and insulation properties. The global MDI market is experiencing growth driven by increasing demand for energy-efficient buildings, which is fueling the use of rigid polyurethane foams in insulation applications. The automotive sector’s push for lightweight materials to improve fuel efficiency is also boosting MDI consumption, as polyurethane materials are widely used in vehicle interiors and exteriors. In addition, rising demand for durable and high-performance adhesives in consumer goods and industrial applications is further contributing to market expansion. Technological advancements in MDI production and growing interest in bio-based polyurethane materials are shaping market trends, offering new opportunities for innovation and sustainability in the global MDI landscape.
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Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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