MDI and TDI prices fell in the hottest European an

MDI and TDI prices fell in European and American markets

MDI and TDI prices fell in European and American markets

December 24, 2008

[China paint information] MDI prices in the European market fell due to the pre holiday Position Reduction

the price of diphenylmethane diisocyanate (MDI) in the European market fell due to the position reduction of various manufacturers before Christmas

a manufacturer said: "the MDI price in the European market did not show a disastrous decline like the prices of other chemical products. The decline in MDI price was only the normal result of the position reduction of manufacturers before Christmas."

at present, the crude MDI price in the European market is between euro/ton (USD/ton) (FD northwest Europe), and the pure MDI price is between euro/ton (FD northwest Europe)

although the industry generally believes that the current European MDI market is relatively stable, some manufacturers are still concerned about the possibility of price decline in January next year. Manufacturers in the industry said that the extent of price decline in January next year is not clear

the decline in demand led to a decline of $220/ton in MDI prices in the U.S. market.

affected by the decline in demand, lower raw material costs and lower inventories by manufacturers, the price of bulk diphenylmethane diisocyanate in the U.S. market recently fell by $220/ton (170 euros/ton)

a manufacturer said: "all manufacturers want to withdraw funds as soon as possible, so they have reduced their positions significantly. From the first quarter of next year, manufacturers may rebuild their positions, and then we will see the real growth of demand."

at the same time, polybenzophenone is also an important indicator of material strength The bulk transaction price of alkyl diisocyanate has also been reassessed and is currently US dollars/ton

a manufacturer in the industry said: "now for all manufacturers, there is no appropriate inventory level. Due to the sluggish demand, everyone thinks their inventory level is too high."

major diphenylmethane diisocyanate producers in the United States include Dow Chemical, LyondellBasell, BASF and Bayer

TDI prices in Europe fell due to insufficient demand

due to sluggish demand and the reduction of manufacturers' positions, the toluene diisocyanate (TDI) market in the European market fell rapidly this week

a manufacturer said: "the TDI price in the European market has fallen rapidly recently, and the spot price of TDI is changing every day." One buyer said, "the decline in product prices is huge and fast."

according to the current situation, the market prospect is very bleak, and the TDI price last week has no practical significance this week

at present, the price of TDI in the European market is EUR/ton (USD/ton) (FD northwest Europe)

the main reasons for the decline in the price of toluene diisocyanate in the European market are the reduction of positions by manufacturers before the end of the year and the lack of demand

a source said, "there will be no large TDI transactions before the end of the year." One buyer said that the current situation is not clear, and it is impossible to predict the trend in January next year