In October 2025, Hexamethylene Diisocyanate (HDI) prices rose in Europe as demand from the polyurethane (PU) sector increased and supply availability remained tight in the market. Recovery in the furniture, automotive, and construction industries boosted HDI use, with more PU coatings and adhesives needed for eco-friendly products. Meanwhile, HDI production rates were low due to the limited availability of its precursor, Hexamethylene diamine (HMDA), which was affected by worker shortages and transport delays. At the same time, Europe’s exports were weak during the month, especially to the U.S. and China, though trade within the EU stayed steady. Supply chains faced pressure from high freight costs and material shortages, but regional trade showed resilience. HDI prices are likely to increase further in mid Q4 2025 amid an increase in stocking activities before peak winter. At the same time, supply rates will tighten, leading to higher freight costs. Hence, market players would raise quotations amid the limited availability of supplies and firm demand from the Polyurethane sector.
