For the Quarter Ending June 2026
Methylene Diphenyl Diisocyanate Prices in APAC
- In Japan, the Methylene Diphenyl Diisocyanate Price Index rose by 20.3% quarter-over-quarter, supply tighter regionally
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2373.67/MT, reflecting demand
- Methylene Diphenyl Diisocyanate Spot Price firmed as plant turnarounds reduced availability, supporting regional Price Index
- Methylene Diphenyl Diisocyanate Price Forecast remains positive short term amid constrained exports and downstream buying
- Methylene Diphenyl Diisocyanate Production Cost Trend rose on higher aromatic feedstock and elevated utility expenses
- Methylene Diphenyl Diisocyanate Demand Outlook improved as polyurethane producers increased purchasing ahead of seasonal demand
- Inventory draws and export interest tightened supply, driving the Methylene Diphenyl Diisocyanate Price Index higher
- Major producer restarts and logistics bottlenecks constrained regional flows, amplifying domestic shortages and export competition
Why did the price of Methylene Diphenyl Diisocyanate change in June 2026 in APAC?
- Reduced regional production and increased export shipments tightened supply, creating upward price pressure in June
- Higher aromatic feedstock costs and rising utilities increased production expenses, supporting June price strength levels
- Logistics disruptions and reduced inventories limited availability, prompting buyers to accelerate purchases during June
China
- In China, the Methylene Diphenyl Diisocyanate Price Index rose by 15.8% quarter-over-quarter, driven by maintenance.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2366.33/MT, reflecting stability.
- Methylene Diphenyl Diisocyanate Spot Price weakened amid ample domestic availability and softer export enquiries, pressuring offers through June.
India
- In India, Methylene Diphenyl Diisocyanate Price Index rose by 46.63% quarter-over-quarter, driven by higher feedstock and freight.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2769.33/MT, based on CFR JNPT assessments.
- Methylene Diphenyl Diisocyanate Spot Price strengthened, Price Index edged higher amid thin inventories and restocking.
Methylene Diphenyl Diisocyanate Prices in Europe
- In Germany, the Methylene Diphenyl Diisocyanate Price Index rose by 51.6% quarter-over-quarter, reflecting tight supply constraints.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2924/MT, reflecting tight availability.
- Methylene Diphenyl Diisocyanate Spot Price movements reflected constrained offers amid reduced imports and disciplined producer selling.
- Methylene Diphenyl Diisocyanate Price Forecast assumes gradual easing as maintenance cycles complete and downstream demand stabilizes.
- Methylene Diphenyl Diisocyanate Production Cost Trend remained elevated because benzene and energy costs sustained upward pressure.
- Methylene Diphenyl Diisocyanate Demand Outlook shows steady insulation and appliance consumption, while automotive volumes remain subdued.
- Methylene Diphenyl Diisocyanate Price Index strength driven by lean inventories, export netbacks, elevated freight insurance premiums.
- Major European producers prioritized contracted volumes, restricting spot availability, thereby supporting firmer short-term market tone overall.
Why did the price of Methylene Diphenyl Diisocyanate change in June 2026 in Europe?
- Elevated benzene and energy costs increased production expenses, tightening margins and supporting domestic price resilience.
- Reduced import arrivals and prioritized contract volumes limited spot supply, amplifying short-term upward pressure locally.
- Downstream demand mixed: steady insulation demand offset weaker automotive and appliance procurement, capping further upside.
Netherlands
- In Netherlands, Methylene Diphenyl Diisocynate Price Index rose by 49.5% quarter-over-quarter, driven by feedstock and supply constraints
- The average Methylene Diphenyl Diisocynate price for the quarter was approximately USD 3004.00/MT on Rotterdam delivered basis
- Methylene Diphenyl Diisocynate Spot Price volatility moderated as regional import flows and Rotterdam inventories maintained balanced availability
Belgium
- In Belgium, the Methylene Diphenyl Diisocyanate Price Index rose by 50.25% quarter-over-quarter, driven by supply tightness and elevated feedstock costs.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2974.00/MT based on Antwerp FD trading.
- Antwerp MDI market saw stable Methylene Diphenyl Diisocyanate Spot Price, with weekly fixes supporting firm Price Index reading.
Methylene Diphenyl Diisocyanate Prices in North America
- In USA, the MDI Price Index rose by 19.9% quarter-over-quarter, driven by supply disruptions and demand.
- The average MDI price for the quarter was approximately USD 2921.67/MT, reflecting mixed supply and demand.
- MDI Spot Price firmed on tight merchant availability and export demand, pressuring domestic distributor inventories lower.
- MDI Price Forecast indicates near-term firmness as planned maintenance and force majeure reduce polymeric-grade supply.
- MDI Production Cost Trend reflects volatile benzene and aniline feedstocks, intermittently lifting manufacturing variable costs.
- MDI Demand Outlook remains supportive from insulation and appliance sectors, offsetting softer furniture and bedding consumption.
- MDI Price Index volatility increased due to coordinated producer hikes, limited imports and logistics cost pressures.
- Major producers' maintenance and force majeure actions tightened supply, prompting higher offers and disciplined allocation practices.
Why did the price of MDI change in June 2026 in North America?
- Regional force majeure declarations and maintenance outages sharply reduced available polymeric MDI volumes, tightening immediate supply.
- Higher benzene and intermittent aniline costs elevated production costs, providing producers leverage to raise MDI offers.
- Seasonal insulation and appliance demand absorption, coupled with elevated freight and insurance, supported stronger MDI bids.
For the Quarter Ending March 2026
Methylene Diphenyl Diisocyanate Prices in North America
- In the USA, the Methylene Diphenyl Diisocyanate Price Index fell by 0.41% quarter-over-quarter, reflecting balanced fundamentals.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2436.67/MT, reflecting mid-Q1 stability.
- Methylene Diphenyl Diisocyanate Spot Price remained thin, limited parcels traded, supporting firmer Price Index momentum toward month end.
- Methylene Diphenyl Diisocyanate Price Forecast suggests near-term firmness driven by feedstock constraints and sustained export interest.
- Methylene Diphenyl Diisocyanate Production Cost Trend rose as benzene and aniline costs increased amid geopolitical disruptions.
- Methylene Diphenyl Diisocyanate Demand Outlook remains steady, supported by insulation and automotive foam consumption into spring.
- Inventory levels tightened late March as exports improved, tightening the domestic Price Index and reducing spot liquidity.
- Major Gulf Coast producers ran stable rates, periodic maintenance limited spot availability, supporting sustained Price Index strength.
Why did the price of Methylene Diphenyl Diisocyanate change in March 2026 in North America?
- Escalating benzene and aniline costs from Middle East tensions increased production expenses, pressuring MDI margins and pricing.
- Reduced imports and higher tariffs in March constrained availability, shifting domestic supply balance and tightening spot market.
- Steady downstream consumption from construction and insulation maintained demand while export flows further absorbed available tonnage.
Methylene Diphenyl Diisocyanate Prices in APAC
- In Japan, the Methylene Diphenyl Diisocyanate Price Index fell by 3.38% quarter-over-quarter, driven by inventory overhang.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 1973.00/MT and reflected modest seller resistance.
- Methylene Diphenyl Diisocyanate Spot Price volatility eased as distributors drew down inventories, supporting a firmer Price Index.
- Regional Methylene Diphenyl Diisocyanate Price Forecast reflects tightening supply, while Production Cost Trend rose due to elevated feedstock.
- Methylene Diphenyl Diisocyanate Demand Outlook remained mixed as construction insulation demand counterbalanced softer export-driven orders.
- Domestic supply disruptions in March tightened availability, pushing the Methylene Diphenyl Diisocyanate Price Index significantly higher.
- Rising naphtha, benzene and LNG costs lifted Methylene Diphenyl Diisocyanate Production Cost Trend and Spot Price.
- Market participants expect short-term stabilisation; Methylene Diphenyl Diisocyanate Price Forecast balances tight supply and cautious Demand Outlook.
Why did the price of Methylene Diphenyl Diisocyanate change in March 2026 in APAC?
- Strait of Hormuz shutdown disrupted naphtha and benzene inflows, reducing feedstock availability and pressuring domestic supply.
- Elevated crude and LNG-linked energy tariffs increased production costs, supporting higher offers despite muted downstream procurement.
- Inventories were drawn down then sharply constrained, while logistics delays and insurance surcharges tightened regional spot availability.
Methylene Diphenyl Diisocyanate Prices in Europe
- In Germany, the Methylene Diphenyl Diisocyanate Price Index rose by 2.21% quarter-over-quarter, driven by feedstock tightness.
- The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 1929.33/MT, reflecting balance.
- Methylene Diphenyl Diisocyanate Spot Price firmed in late March as allocations tightened, lifting Price Index.
- Methylene Diphenyl Diisocyanate Price Forecast signals upside risk from elevated benzene and shipping premiums ahead.
- Methylene Diphenyl Diisocyanate Production Cost Trend shows upward bias from benzene, energy, and insurance increases.
- Methylene Diphenyl Diisocyanate Demand Outlook remains steady with insulation and automotive sectors providing measured offtake.
- Inventory draws and allocations by German producers tightened availability, reinforcing Methylene Diphenyl Diisocyanate Price Index.
- Export demand and insurance premiums raised landed costs, supporting stronger Methylene Diphenyl Diisocyanate Spot Price.
Why did the price of Methylene Diphenyl Diisocyanate change in March 2026 in Europe?
- Middle East geopolitical tension elevated benzene and energy costs, increasing German MDI production cost pressures.
- Higher freight and insurance premiums plus longer routing tightened imports, reducing spot supply into Hamburg terminals.
- Seasonal demand remained moderate; insulation and automotive offtake steady but insufficient to absorb tightening supply.
For the Quarter Ending December 2025
North America
• In USA, the Methylene Diphenyl Diisocyanate Price Index fell by 1.57% quarter-over-quarter, reflecting weaker demand.
• The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2446.67/MT, weekly average.
• Methylene Diphenyl Diisocyanate Spot Price remained range-bound amid steady output and elevated inventories pressuring bids.
• Rising energy and Benzene costs influenced Methylene Diphenyl Diisocyanate Production Cost Trend, pressuring Price Index.
• Methylene Diphenyl Diisocyanate Demand Outlook shows construction support offsetting subdued furniture and bedding activity regionally.
• The Methylene Diphenyl Diisocyanate Price Forecast anticipates modest winter volatility with limited sustained upward momentum.
• Elevated inventories and mixed export demand exerted downward pressure on Methylene Diphenyl Diisocyanate Price Index.
• Normal operating rates kept supply balanced, limiting short-term volatility in Methylene Diphenyl Diisocyanate Price Index.
Why did the price of Methylene Diphenyl 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 Methylene Diphenyl Diisocyanate Index.
• Logistics improvements on Asia-Europe routes and weaker transpacific flows influenced export demand and inventory levels.
APAC
• In Japan, the Methylene Diphenyl Diisocyanate Price Index fell by 3.68% quarter-over-quarter, reflecting steady supply and weak year-end demand.
• The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2042.00/MT, reflecting balanced regional supply and steady consumption.
• Methylene Diphenyl Diisocyanate Spot Price remained range bound as the Price Index signalled equilibrium between supply and demand.
• Methylene Diphenyl Diisocyanate Price Forecast indicates modest volatility from logistics cost increases and pre-winter restocking activity.
• Methylene Diphenyl Diisocyanate Production Cost Trend tightened as higher energy and benzene input costs pressured operating margins regionally.
• Methylene Diphenyl Diisocyanate Demand Outlook remains cautious with construction and automotive supporting demand but year-end buying subdued.
• Inventories stayed comfortable, exports moderate, and major producers operated steadily, keeping the Methylene Diphenyl Diisocyanate Price Index subdued.
• Logistics constraints and seasonal freight cost increases provided upward cost support while buying interest remained muted, limiting recovery.
Why did the price of Methylene Diphenyl Diisocyanate change in December 2025 in APAC?
• Elevated regional supply and steady plant operating rates increased availability, exerting downward pressure on prices during December.
• Weaker year-end downstream demand from construction and automotive curtailed offtake, offsetting some cost-driven support to prices.
• Rising energy and benzene costs increased production expenses while logistics congestion and seasonal freight pressures influenced landed costs.
Europe
• In Germany, the Methylene Diphenyl Diisocyanate Price Index fell by 5.38% quarter-over-quarter, amid oversupply conditions.
• The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 1887.67/MT in Germany.
• Methylene Diphenyl Diisocyanate Spot Price remained subdued amid ample inventories and muted downstream procurement activity.
• Methylene Diphenyl Diisocyanate Price Forecast suggests mild recovery as winter insulation demand stabilizes Price Index.
• Methylene Diphenyl Diisocyanate Production Cost Trend rose on higher benzene and energy costs, pressuring margins.
• Methylene Diphenyl Diisocyanate Demand Outlook remains cautious, automotive firming offset by softer construction and furniture.
• Price Index weakness reflected inventory accumulation, Asian imports, and subdued export demand weighing on offers.
• Regional producers ran moderate rates; planned maintenance could tighten availability while year-end restocking provided support.
Why did the price of Methylene Diphenyl Diisocyanate change in December 2025 in Europe?
• Increased regional supply and sustained inventories pressured prices despite steady downstream demand and Asian imports.
• Rising energy and benzene feedstock costs elevated production expenses, limiting margin flexibility amid weak offtakes.
• Seasonal construction slowdown and year-end delays reduced demand, while restocking remained insufficient to absorb surplus.
For the Quarter Ending September 2025
North America
• In the USA, the Methylene Diphenyl Diisocyanate Price Index fell by 1.95% quarter-over-quarter, from balanced supply.
• The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2625.67/MT.
• Methylene Diphenyl Diisocyanate Spot Price remained muted as inventories and steady exports balanced buyer interest.
• The Methylene Diphenyl Diisocyanate Price Forecast suggests modest upside from hurricane disruptions and seasonal restocking.
• Improved Benzene flows eased the Methylene Diphenyl Diisocyanate Production Cost Trend, limiting immediate producer pass-through.
• The Methylene Diphenyl Diisocyanate Demand Outlook is stable, supported by automotive and construction foam consumption.
• Methylene Diphenyl Diisocyanate Price Index was range-bound as producers rolled over quotations amid mixed offtakes.
• Export headwinds and tariffs constrained volumes, affecting Methylene Diphenyl Diisocyanate spot liquidity and domestic availability.
Why did the price of Methylene Diphenyl Diisocyanate change in September 2025 in North America?
• Easing crude and Benzene reduced MDI production costs, exerting downward pressure on MDI Price Index.
• Stable automotive and construction demand supported consumption, limiting volatility in Methylene Diphenyl Diisocyanate Price Index.
• Balanced inventories and tariff-driven export headwinds constrained upside, keeping MDI Price Index contained.
APAC
• In Japan, the Methylene Diphenyl Diisocyanate Price Index rose by 9.45% quarter-over-quarter, constrained supplies, and steady demand.
• The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 2120.00/MT in Japan during Q3.
• Methylene Diphenyl Diisocyanate Spot Price remained range-bound amid moderate offtake and logistics disruptions affecting availability.
• Methylene Diphenyl Diisocyanate Production Cost Trend softened as benzene and crude oil eased, reducing cost-push pressure on suppliers.
• Methylene Diphenyl Diisocyanate Demand Outlook stays cautious with automotive and construction off-takes steady, but buyer restraint persists.
• Short term Methylene Diphenyl Diisocyanate Price Forecast indicates range-bound movement, seasonal restocking and logistics shifts driving marginal swings.
• Japan's Methylene Diphenyl Diisocyanate Price Index showed resilient levels due to limited exports and moderate domestic production rates.
• Inventory levels moderated; typhoon season and port congestion constrained shipments, tightening Methylene Diphenyl Diisocyanate Spot Price liquidity.
Why did the price of Methylene Diphenyl Diisocyanate change in September 2025 in APAC?
• Reduced exports and moderate domestic demand balanced, while constrained logistics tightened short term availability and pricing.
• Eased benzene and crude oil lowered production costs, reducing upward cost pressure on MDI supplier offers.
• Improved intra-Asia flows but regional port congestion and seasonal typhoons created intermittent delays influencing September price stability.
Europe
• In Germany, the Methylene Diphenyl Diisocyanate Price Index fell by 4.18% quarter-over-quarter, reflecting weaker demand.
• The average Methylene Diphenyl Diisocyanate price for the quarter was approximately USD 1995.00/MT across domestic channels.
• Methylene Diphenyl Diisocyanate Spot Price movements remained muted, with Price Index stability reflecting balanced production and consumption.
• Methylene Diphenyl Diisocyanate Price Forecast suggests volatility ahead, driven by feedstock shifts and seasonal restocking patterns.
• Methylene Diphenyl Diisocyanate Production Cost Trend softened as benzene and crude oil eased, alleviating manufacturing margin pressures.
• Methylene Diphenyl Diisocyanate Demand Outlook moderate, supported by automotive and construction offtakes but constrained by housing weakness.
• Methylene Diphenyl Diisocyanate Price Index reflected tight inventories and steady export demand, tempering deeper downward price momentum.
• Regional producer operational adjustments and maintenance outages impacted supply, supporting Price Index stability amid subdued European demand.
Why did the price of Methylene Diphenyl Diisocyanate change in September 2025 in Europe?
• Lower benzene availability tightened feedstock supplies, exerting upward cost pressure on MDI producers in September.
• Balanced demand from automotive and construction kept offtakes stable, preventing Price Index declines in month.
• Logistics disruptions and labor shortages constrained intra-EU flows, reducing available supply, and supporting MDI pricing.
