After more than a year of prolonged supply tightness, US Toluene di-isocyanate (TDI) and polymeric methyl di-p phenylene isocyanate (PMDI) markets are starting to loosen. After prices continued to rise across 2016 due to the ongoing supply issues, however, there is hope as the second half of 2018 is starting to looking up with the possibility of bringing some price relief to buyers.
Monomeric MDI (MMDI) supplies on the other hand remains tight, resulting in a widening spread between PMDI and MMDI. MMDI availability is expected to remain tight throughout the second half of the year, which is likely to prevent the MMDI market from seeing any price relief.
Download this insight piece by Industry expert Zachary Moore, which takes deeper look into these on going developments