26 March 2014 22:28 [Source: ICIS news]
HOUSTON (ICIS)--Methyl di-p-phenylene isocyanate (MDI) prices are assessed by ICIS up by 4 cents/lb on Wednesday, in addition to the 2 cent/lb hike assessed earlier this month, totalling 6 cent/lb for the first quarter.
Although as much as a 10 cent/lb hike initiative was heard, buyers were heard settling increases mostly in a 5-7 cent/lb range.
Crude MDI prices are assessed at 139-154 cents/lb DEL (delivered) in bulk.
US MDI producers are BASF, Bayer, Dow and Huntsman.
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