For the Quarter Ending June 2026
Toluene Diisocyanate Prices in North America
- In USA, the Toluene Diisocyanate Price Index rose by 18.54% quarter-over-quarter, driven by tightened spot availability and feedstock costs.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2747.33/MT, and showed cost-driven firmness.
- Toluene Diisocyanate Spot Price strengthened amid constrained imports and disciplined domestic seller inventory management across Gulf terminals.
- Toluene Diisocyanate Production Cost Trend showed upward pressure from surging toluene and elevated energy and logistics expenses.
- Toluene Diisocyanate Demand Outlook remained firm for foam, bedding, automotive interiors, and construction despite seasonal normalization.
- Toluene Diisocyanate Price Forecast signals moderate near-term firmness as inventories stay lean and downstream restocking continues cautiously.
- Toluene Diisocyanate Price Index volatility eased mid-quarter then surged late June on tighter availability and cost pressures.
- Domestic plant operations remained generally steady, but limited arbitrage and insurance surcharges constrained import parity and trading flows.
Why did the price of Toluene Diisocyanate change in June 2026 in North America?
- Reduced Gulf prompt availability and distributor drawdowns tightened supply, raising spot premiums and sustaining higher offers.
- Elevated toluene and energy costs increased production conversion expenses, pressuring margins and supporting supplier price firmness.
- Hazmat freight insurance surcharges and limited arbitrage discouraged imports, preserving domestic replacement values and tightening market balance.
Toluene Diisocyanate Prices in APAC
- In Japan, the Toluene Diisocyanate Price Index rose by 42.43% quarter-over-quarter, driven by stronger foam demand.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2438.33/MT, reflecting sustained buyer restocking.
- Recent Toluene Diisocyanate Spot Price volatility reflects shifting import flows and competitive regional cargo offers into Japan.
- Analysts' Toluene Diisocyanate Price Forecast expects modest correction as seasonal demand normalizes and inventories remain comfortable.
- Elevated aromatics costs influenced the Toluene Diisocyanate Production Cost Trend, though producers maintained steady operating rates.
- Domestic demand patterns shaped the Toluene Diisocyanate Demand Outlook, with furniture and automotive foamers supporting baseline offtake.
- Weak spot inquiries and ample arrivals pressured the Toluene Diisocyanate Price Index, prompting sellers to trim offers.
- Monitoring plant run-rates, inventory levels and export demand will determine near-term recovery in Toluene Diisocyanate Price momentum.
Why did the price of Toluene Diisocyanate change in June 2026 in APAC?
- Ample regional supply and softened downstream procurement reduced spot buying, exerting downward pressure on Toluene Diisocyanate.
- Higher toluene and shipping costs raised production expenses in June, constraining margins for Toluene Diisocyanate producers.
- Logistical route adjustments and precautionary restocking by converters shortened prompt availability, briefly supporting Japanese Toluene Diisocyanate offers.
South Korea
- In South Korea, the Toluene Diisocyanate Price Index rose by 31.3642% quarter-over-quarter, driven by feedstock tightness.
- Balanced domestic runs and tight naphtha flows supported the Toluene Diisocyanate Spot Price and offers.
China
- In China, the Toluene Diisocyanate Price Index rose by 32.51% quarter-over-quarter, driven by supply discipline.
- Toluene Diisocyanate Spot Price softened in June while the Price Index reflected easing after April tightness.
Toluene Diisocyanate Prices in Europe
- In Germany, Toluene Diisocyanate Price Index rose by 19.55% quarter-over-quarter, driven by feedstock and energy.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2762.00/MT, supporting supplier margins.
- Toluene Diisocyanate Spot Price firmed as Price Index tracked cost-push factors from aromatics and energy.
- Toluene Diisocyanate Price Forecast signals modest near-term gains supported by run rates and firming feedstocks.
- Toluene Diisocyanate Production Cost Trend rose due to higher toluene and energy, compressing producer profitability.
- Toluene Diisocyanate Demand Outlook improved as furniture and automotive foam makers replenished inventories for summer.
- Toluene Diisocyanate Price Index volatility eased as inventories remained adequate and Asian import pressure moderated.
- Domestic producers kept runs high, tightening prompt availability and supporting Toluene Diisocyanate Spot Price domestically.
Why did the price of Toluene Diisocyanate change in June 2026 in Europe?
- Tightening European availability and downstream restocking increased prompt demand, supporting stable to firmer domestic quotations.
- Rising toluene and energy costs raised expenses, exerting upward pressure on Toluene Diisocyanate Price Index.
- Rhine logistics normalisation and steady plant runs prevented acute disruptions, cushioning markets despite higher costs.
Netherlands
- In Netherlands, the Toluene Diisocyanate Price Index rose by 19.23% quarter-over-quarter, driven by feedstock pressure.
- Toluene Diisocyanate Spot Price remained supported by steady imports despite upstream aromatics tightening and buying.
UK (United Kingdom)
- In the UK, the Toluene Diisocyanate Price Index rose by 18.3953% quarter-over-quarter, supply tightening upstream.
- Balanced imports kept the Toluene Diisocyanate Spot Price stable despite toluene feedstock cost spikes.
For the Quarter Ending March 2026
Toluene Diisocyanate Prices in North America
- In USA, the Toluene Diisocyanate Price Index fell by 2.55% quarter-over-quarter, reflecting softer domestic demand.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2443.67/MT across assessed Gulf Coast delivered and FOB markets.
- Toluene Diisocyanate Spot Price remained range bound early quarter, with limited merchant availability tightening near-quarter end.
- Observed Toluene Diisocyanate Production Cost Trend rose modestly due to higher toluene feedstock and elevated energy tariffs.
- Toluene Diisocyanate Demand Outlook stayed muted with soft foam and furniture consumption limiting spot purchasing and restocking.
- Toluene Diisocyanate Price Forecast indicated slight upside pressure from export reallocations and constrained merchant spot availability.
- Inventory buffers remained comfortable, yet export demand and channeling of volumes to contracts tightened open market Price Index dynamics.
- Major Gulf Coast producers operated reliably, diverting cargoes to contracted shipments, supporting stable operating rates and margins.
Why did the price of Toluene Diisocyanate change in March 2026 in North America?
- Feedstock toluene increased, raising variable production costs despite balanced domestic output and normal plant operations.
- Moderate domestic demand from flexible foam and furniture restrained buying, limiting upside for TDI prices.
- Export reallocations and limited merchant spot availability created structural tightness, provoking sentiment-led price gains late March.
Toluene Diisocyanate Prices in APAC
- In Japan, the Toluene Diisocyanate Price Index fell by 1.67% quarter-over-quarter, reflecting subdued post-holiday demand.
- The average Toluene Diisocyanate price for the quarter was approximately USD 1882/MT, per regional assessment.
- Toluene Diisocyanate Spot Price remained range-bound as imports balanced domestic output and muted downstream buying.
- Toluene Diisocyanate Price Forecast indicates modest upside on firmer foam demand and feedstock cost inflation.
- Toluene Diisocyanate Production Cost Trend rose due to higher toluene and energy costs, tightening margins.
- Toluene Diisocyanate Demand Outlook remains cautious as furniture and automotive sectors show steady restrained procurement.
- Inventory and redirected Southeast Asian offers pressured the Price Index, prompting distributors to delay procurement.
- Rising freight and insurance raised landed import costs, influencing competitiveness and Toluene Diisocyanate trade patterns.
Why did the price of Toluene Diisocyanate change in March 2026 in APAC?
- Stronger foam demand in late March lifted prompt purchases, tightening availability and supporting higher quotations.
- Increased importer offers from offshore suppliers reduced discounting, altering flows and pressuring spot negotiation dynamics.
- Elevated feedstock toluene and energy costs raised production costs, providing upward pressure despite balanced shipments.
Toluene Diisocyanate Prices in Europe
- In Germany, the Toluene Diisocyanate Price Index rose by 5.77% quarter-over-quarter, driven by firmer spot offers.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2310.33/MT during Q1 2026.
- Toluene Diisocyanate Spot Price strengthened in March amid thin liquidity and accepted higher seller offers across markets.
- Toluene Diisocyanate Price Index showed technical bullish momentum despite broadly unchanged feedstock and logistics conditions.
- Toluene Diisocyanate Production Cost Trend edged higher as feedstock toluene and energy tariffs increased slightly month-on-month.
- Toluene Diisocyanate Demand Outlook remained moderate with furniture and bedding weak, automotive demand providing limited support.
- Toluene Diisocyanate Price Forecast indicates range-bound near term action with potential upside if supply tightens.
- Toluene Diisocyanate Price Index movements were influenced by export demand, competitive Asian cargoes, and regional inventory levels.
Why did the price of Toluene Diisocyanate change in March 2026 in Europe?
- Elevated feedstock toluene and energy costs increased production economics in March, nudging sellers to raise offers.
- Thin spot liquidity and stronger seller offers pushed FD Hamburg levels despite balanced plant operating rates.
- Competitive Asian imports and comfortable regional inventories limited further upside, keeping buying cautious and range-bound.
For the Quarter Ending December 2025
Toluene Diisocyanate Prices in North America
- In the USA, the Toluene Diisocyanate Price Index rose by 1.25% quarter-over-quarter, despite weaker demand.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2367.67/MT, weekly average.
- Toluene Diisocyanate Spot Price remained range-bound amid steady output and elevated inventories pressuring bids.
- Rising energy and Toluene costs influenced Toluene Diisocyanate Production Cost Trend, pressuring Price Index.
- Toluene Diisocyanate Demand Outlook shows construction support offsetting subdued furniture and bedding activity regionally.
- The Toluene Diisocyanate Price Forecast anticipates modest winter volatility with limited sustained upward momentum.
- Elevated inventories and mixed export demand exerted downward pressure on Toluene Diisocyanate Price Index.
- Normal operating rates kept supply balanced, limiting short-term volatility in Toluene Diisocyanate Price Index.
Why did the price of Toluene Diisocyanate change in December 2025 in North America?
- Domestic supply remained healthy while winter reduced downstream schedules, creating modest downward pressure on prices.
- Higher feedstock costs raised production expenses, offsetting some downward pressure on Toluene Diisocyanate Index.
- Logistics improvements on Asia-Europe routes and weaker transpacific flows influenced export demand and inventory levels.
Toluene Diisocyanate Prices in APAC
- In Japan, the Toluene Diisocyanate Price Index rose by 0.88% quarter-over-quarter, reflecting balanced supply-demand conditions.
- The average Toluene Diisocyanate price for the quarter was approximately USD 1914.00/MT reported by sources.
- Toluene Diisocyanate Spot Price remained range-bound amid steady plant output and cautious distributor inventory management.
- Toluene Diisocyanate Production Cost Trend softened as feedstock toluene and crude oil prices moderated marginally.
- Toluene Diisocyanate Demand Outlook is stable, supported by construction and automotive foam demand regionally broadly.
- Toluene Diisocyanate Price Forecast indicates upside risks from winter energy cost increases and pre-holiday restocking.
- Toluene Diisocyanate Price Index weakness late December reflected year-end destocking despite balanced manufacturing operating rates.
- Inventory levels remained comfortable while export demand stayed uneven, influenced by tariffs and logistical constraints.
Why did the price of Toluene Diisocyanate change in December 2025 in APAC?
- Balanced production and steady domestic demand limited upward pressure, promoting price stability despite bearish sentiment.
- Eased feedstock toluene and lower crude oil reduced production costs, counteracting year-end energy cost increases.
- Logistical constraints, tariffs, and cautious buyer destocking ahead of holidays suppressed spot activity, pressuring prices.
Toluene Diisocyanate Prices in Europe
- In Germany, the Toluene Diisocyanate Price Index rose by 9.27% quarter-over-quarter, due to tighter supply.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2184.33/MT based on volumes.
- Toluene Diisocyanate Spot Price firmed as regional availability tightened, reducing offers and increasing spot premiums.
- Toluene Diisocyanate Production Cost Trend rose due to higher energy and winter logistics expenses pressure.
- Toluene Diisocyanate Demand Outlook stays steady, supported by automotive and construction restocking ahead of year-end.
- Toluene Diisocyanate Price Forecast signals modest near-term firmness as inventories draw and imports remain constrained.
- Toluene Diisocyanate Price Index reflected bullish momentum from reduced operating rates and cautious producer output.
- Regional inventory and export dynamics constrained supply, while subdued furniture orders tempered some price momentum.
Why did the price of Toluene Diisocyanate change in December 2025 in Europe?
- Tighter regional supply from reduced operating rates and maintenance limited availability, supporting higher spot offers.
- Elevated winter energy and logistics costs increased production expenses, adding upward pressure on contract offers.
- Mixed downstream demand saw automotive restocking offset weak furniture orders, producing balanced but firm consumption.
For the Quarter Ending September 2025
North America
- In the USA, the Toluene Diisocyanate Price Index fell by 2.3% quarter-over-quarter.
- The average Toluene Diisocyanate price for the quarter was approximately USD 2478.33/MT domestically and regionally.
- Toluene Diisocyanate Spot Price remained stable as balanced production and moderate feedstock flows limited volatility.
- Toluene Diisocyanate Price Forecast indicates modest upside potential from seasonal restocking and Gulf Coast disruptions.
- Toluene Diisocyanate Production Cost Trend eased with lower crude then firmed as oil prices recovered.
- Toluene Diisocyanate Demand Outlook remains steady, supported by automotive seating and construction insulation offtakes largely.
- Inventories and export flows kept the Toluene Diisocyanate Price Index stable despite intermittent logistical challenges.
- Producer operability remained healthy, limiting spot tightness, and shaping short-term Toluene Diisocyanate pricing dynamics regionally.
Why did the price of Toluene Diisocyanate change in September 2025 in North America?
- Limited feedstock availability amid rising crude prices constrained production, tightening supplies and pressuring contract negotiations.
- Softening polyurethane offtake from some end-use segments reduced spot buying and eased upward price pressure.
- Improved logistics and steady inventories limited volatility despite tariff uncertainties and recurrent geopolitical concerns regionally.
Asia-Pacific (APAC)
- In Japan, the Toluene Diisocyanate Price Index rose by 6.2% quarter-over-quarter, supported by PU demand.
- The average Toluene Diisocyanate price for the quarter was USD 1897.33/MT, reflecting moderate supply conditions.
- Toluene Diisocyanate Spot Price momentum reflected tighter regional availability and stronger intra-Asia procurement flows recently.
- Toluene Diisocyanate Production Cost Trend eased as lower crude and toluene feedstock reduced cost support.
- Toluene Diisocyanate Demand Outlook remains balanced with automotive recovery offsetting weaker construction sector activity regionally.
- Toluene Diisocyanate Price Forecast indicates upside risks due to seasonal pre-winter stocking and export demand.
- Toluene Diisocyanate Price Index volatility was influenced by logistics disruptions, plant maintenance, and inventory rebuilds.
- Toluene Diisocyanate market saw stable operating rates while exporters adjusted offers amid global demand conditions.
Why did the price of Toluene Diisocyanate change in September 2025 in APAC?
- Easing feedstock and crude oil prices lowered production cost support for TDI, pressuring price levels.
- Steady automotive offtake offset construction weakness, producing a net balanced demand effect on TDI prices.
- Logistics constraints and export activity shifts constrained local availability, contributing to short term price adjustments.
Europe
- In Germany, the Toluene Diisocyanate Price Index fell by 0.63% quarter-over-quarter, reflecting supply weakness and demand.
- The average Toluene Diisocyanate price for the quarter was approximately USD 1999.00/MT.
- Toluene Diisocyanate Spot Price firmed as immediate availability tightened due to maintenance and logistics disruptions.
- Toluene Diisocyanate Price Forecast shows modest upside entering autumn, supported by outages and construction restocking demands.
- Toluene Diisocyanate Production Cost Trend eased with lower toluene feedstock, though energy costs may reassert.
- Toluene Diisocyanate Demand Outlook remains mixed; construction supports volumes while automotive seating demand stays subdued.
- Toluene Diisocyanate Price Index volatility increased as port strikes and labor shortages constrained intra-EU flows.
- Inventory drawdowns and moderate operating rates at German plants tightened availability, supporting spot market strength.
Why did the price of Toluene Diisocyanate change in September 2025 in Europe?
- Constrained regional production and scheduled maintenance reduced volumes, tightening market conditions, and lifting spot quotations.
- Softening crude-derived toluene reduced cost support, while energy and freight volatility maintained intermittent upward pressure.
- Balanced construction restocking offset weaker automotive offtake, producing stabilizing effects on the regional Price Index.
