India PMDI & TDI Prices Surge | Chemicals Updates

Asia Polyols, Isocyanates: PMDI, TDI increase while Slabstock polyol remains stable / No May cargo offers due supply issues / Demand destruction in TDI market / Replacement costs high for Slabstock Polyol

Jun 02, 2026

Asian polymeric methylene diphenyl diisocyanate and toluene diisocyanate increase, while slabstock polyol remains stable in the week ended April 10, supported by persistent supply constraints. India polymeric methylene diphenyl diisocyanate at $3,000/metric ton, up $150/mt week over week, on April 10, amid tight supply conditions for May-delivery cargoes. The assessment partially considered May loading indications in the absence of April loading indications from the market. No clear market structure was heard between April and May loading cargoes. India domestic prices were at Rupees 295-320/kg, compared to Rupees 300-350/kg in the previous week. Upstream, the Asian benzene FOB Korea marker at $1,150/mt on April 10, up $17.67/mt week over week. “All refineries are on low run rate,” said a Northeast Asia-based producer. The source said that there are no cargoes for...

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