The global Polyurethane Resin market exhibited mixed trends in the initial half of March, with prices rising in Germany and the US while falling in Asia following the Chinese Lunar New Year. March xxxx is expected to see weak demand in North America and Europe, while China anticipates moderate improvements.
In the US, supply constraints persist due to trade tensions surrounding feedstock MDI which led to Polyurethane Resin producers passing on these cost burden s to downstream customers. The US International Trade Commission launched an investigation into alleged MDI dumping from China, following a petition by the Ad Hoc MDI Fair Trade Coalition, including BASF and Dow. The coalition claims dumping margins between xxxx and xxxx and seeks antidumping duties. The petition includes MDI in all physical forms, covering imports processed in third countries. The US imported about xxxkT of MDI from China last year,...
