In the North American region, the Toluene Diisocyanate (TDI) price trend showed bearish movement as producers reduced their TDI quotations by around xx during the first half of June xxxx, driven by subdued demand and increased inventory levels. Supply was sufficient to meet demand from the Polyurethane segment.
The TDI market saw steady availability of stocks despite reduced demand from buyers and unchanged operating rates at production facilities. In May, the Manufacturing Index increased, and data indicated a modest strengthening in the manufacturing sector&#xx;s health. The TDI manufacturing rates were steady amid the firm availability of feedstock Toluene supplies and a x.xx decrease in prices during the week attributed to a decline in cost support from upstream Crude Oil towards the end of last month stemming from decreased consumption in downstream applications and heating purposes and an increase in onshore inventories. It eased the...
