The global Polyurethane Resin market is expected to see a rise in February xxxx, driven by price hikes from major manufacturers in Europe and Asia. In North America, rising transportation costs continue to impact production expenses, while supply conditions remain uncertain, with unclear demand directions reported by market participants.
Huntsman Chemical, a leading player in the Polyurethane Resin industry, has announced a price increase for its products. Effective February x, xxxx, or as per contract terms, prices for MDI (Methylene Diphenyl Diisocyanate) products and MDI-based polyurethane systems in Europe, Africa, the Middle East, and India raised by EUR xxx per metric ton. This price adjustment is in response to rising raw material, energy, and logistics costs, which have been pushing production costs higher for Polyurethane Resin across the globe.
Similarly, in Europe, BorsodChem has also raised prices by EUR xxx per metric ton for its Polyurethane...
