ICIS publishes market information and supply & demand data for the Middle East isocyanates markets which can give you the intelligence you need for your contract negotiations, as well as valuable insights to help substantiate your longer-term business planning.
Use our independent price assessments and market coverage, available as reports or via the ICIS dashboard service, to track the trading prices and movements of isocyanates (MDI and TDI) in the Middle East.
Use ICIS information to:
- Understand price drivers and fluctuations
- Negotiate deals with confidence
- Support and validate your investment planning
- Evaluate opportunities and potential risks to your business
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 Middle East Isocyanates marketplace.
Price Reporting – More information about the price reports we publish on Isocyanates
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
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
PMDI prices in the GCC and the Middle East witnessed a similar trend to TDI as supply also tightened. Key producers in Asia withdrew offers from the Middle East market as they directed cargoes to China and other parts of Asia, where demand was deemed stronger and where prices had risen at a faster pace. Supply conditions were further challenged after some producers ran into difficulties securing raw materials and reduced production rates, while other producers conducted maintenance shutdowns. PMDI prices in the GCC hit a high of $3,450/tonne CFR GCC in late September. These were also the highest prices on ICIS records for PMDI in the Middle East.
Demand in the GCC and the broader Middle East region entered a typically strong season in September, which coincided with the tight supply conditions and the uptrend also seen in Asian prices. Some PMDI buyers were believed to have run low on inventories and many were in urgent need of re-stocking. But some resistance was seen as PMDI prices hit record highs and few buyers were heard to be willing to engage in discussions at the higher prices.
Middle East isocyanates price report – Toluene diisocyanate (TDI) and methylene di-p-phenylene isocyate (MDI) are the most common types of aromatic isocyanates. They are used mainly in the production of flexible and rigid polyurethane (PU) foams.
ICIS reports weekly on spot prices (in CFR) for TDI and polymeric MDI for both drummed and bulk material. Price assessments are for the Gulf Cooperation Council (GCC), the East Mediterranean (East Med) and domestic TDI prices for Iran. Countries included in the GCC price quotes are Saudi Arabia, UAE (United Arab Emirates), Kuwait, Qatar and Bahrain. East Med quotes cover Jordan, Syria, Lebanon and Israel.
In addition, the report also analyses factors driving price fluctuations such as feedstock dynamics, isocyanates demand and production, and economic influences, giving you the market intelligence you need to make well-informed decisions.
Global Supply and Demand (S&D) database – ICIS gives you an expert view of supply, demand, capacity, trade and production ownership data for the regional and global polyols markets. The database service enables you to search, shape and export data, giving you the insight you need to plan ahead with accuracy. Historical data from 1978 and forecast data up to 2030 is available.
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.