For clear insight into regional Isocyanates markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Isocyanates news and market information products from ICIS
We offer the following regional Isocyanates coverage to keep you informed of factors and developments affecting prices in the Asia Isocyanates marketplace.
Price Reporting – More information about the price reports we publish on Isocyanates
Independent price assessments and market coverage
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News & Analysis - News & market analysis specifically relating to Isocyanates
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q3 2017
Supply of both polymeric MDI (PMDI) and monomeric MDI (MMDI) was tight in China, South Korea and Japan. This was due to a shortage of cargoes in China, supply disruption to a raw material carbon monoxide (CO) producer in South Korea as well as a scheduled plant turnaround in Japan from mid-September to H2 October.
Demand remained generally stable despite June and July being the traditional lull demand seasons, with the tight supply situation having resulted in a spike in prices in China.
Updated to Q2 2017
Toluene di-isocyanate (TDI) spot import prices in Asia were on a moderate downtrend in the third quarter with the alleviation of relatively tighter supply as most northeast Asian plants have recovered from their scheduled turnarounds.
Average TDI import prices slipped by $400/tonne over a near three-month period to $3,250/tonne CFR (cost & freight) China/Hong Kong on 28 June. Average import prices in southeast Asia and India declined in tandem with China/Hong Kong prices, falling by $400-425/tonne to $3,350/tonne CFR southeast (SE) Asia/CIF (cost, insurance & freight) India in the same period.
Asia TDI prices had declined due to ample supply in the midst of the traditional lull demand season every June/July.
ICIS is the only publication that provides a weekly price assessment on Isocyanates, Toluene di-isocyanate (or TDI) and methylene di-p-isocyanate (or MDI) in Asia.
For TDI, the report provides comprehensive coverage of the key China market, including cost & freight (CFR) China spot and monthly contract prices, and domestic prices for the North, South and East of China.
An assessment is also provided for South East Asia, alongside commentary on both the delivered and Indonesia and Malaysia markets. The cost, insurance and freight (CIF) India quote and commentary rounds up our TDI market coverage.
For MDI, we monitor both spot CFR import and domestic prices in China for both polymeric and monomeric or pure MDI.
To deliver greater context to the assessed prices, China’s many import statistics are provided, together with details of monthly production of upholstered furniture in China.
Feedstock Benzene, news of production output, and unexpected plant outages are also covered. We list deals, bids and offers that deliver easy reference assessments for our customers and this information also helps them in their decision making.
We speak to all the major players who produce, buy and sell isocyanates as this builds up a comprehensive and unbiased view of the market.
This is useful for participants looking for an independent reference or benchmark for spot transactions.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Isocyanates. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Isocyanates, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.