Europe’s MDI Market Holds Steady, Price Gains Expected Ahead

In Europe, the Methylene Diphenyl Diisocyanate (MDI) price trend stagnated in the second half of July ****, with production at moderate levels due to limited benzene supply and stable to weak downstream demand. Supply chains faced pressure from port congestion and low Rhine River levels, while internal EU trade helped ease some of the impact. Demand from the polyurethane sector was moderate to low, supported slightly by EV production but limited by slow construction activity. Looking ahead, MDI prices are expected to rise in the second half of Q*, driven by stronger demand for coatings and tighter supply during the summer holiday period.

MDI production in Europe stayed at moderate levels during July **** due to the limited supply of feedstock benzene and slow demand from downstream industries. Benzene contract prices went up for the third month in a row as...