During the early part of June 2025, North American TDI prices increased on account of continued trade and logistics issues, including reimposed tariffs, Red Sea delays, and port congestion that reduced supply and increased freight. Robust automobile production and normal construction demand helped maintain flexible polyurethane foam demand. Moderate domestic output and consistent feedstock availability kept the market balanced. Yet, projected logistics shortages due to Panama Canal maintenance and pre-hurricane inventory build-up are forecasted to drive prices upward throughout the latter half of June and into early Q3 2025.
