The Toluene Diisocyanate price trend showcased a bearish movement at the beginning of Qx of xxxx, and producers decreased the quotations by almost xx during the first half of July xxxx. In the automobile sector, total sales reached x,xxx,xxx units in June, representing a x.xxx decrease compared to May and a x.xxx decline from June of the previous year. This downturn highlights ongoing challenges within the market, including shifting consumer demand and potential economic factors impacting purchasing decisions. Consequently, the consumption of Polyurethane foam remained sluggish in the Automotive sector, which decreased the orders for PU component Toluene Diisocyanate and raised inventory levels in the country. Meanwhile, the Federal Reserve kept its interest rate unchanged in June xxxx.
On the contrary, the demand for Toluene Diisocyanate, a component of Polyurethane, remained consistent due to firm consumption of PU materials from downstream construction and manufacturing sectors. The construction...
