The price of TDI has risen by 35%, why the price of TDI can continue to rise.
The full name of TDI is toluene diisocyanate, which is a wide range of important organic chemical materials in the world. The downstream is mainly used for polyurethane flexible foam, coatings, elastomers, adhesives, etc. The common objects include furniture, sofas, mattresses, car seats, etc.
Chemical formula: C9H6N2O2
Molecular weight: 174.156
CAS Number: 584-84-9
EINECS Number: 209-544-5
The recent rise in TDI prices is related to its supply-side tightening. According to the latest news from CFI, Shanghai Covestro TDI in China has been shut down for a short period of time. At the same time, Wanhua Chemical released its annual maintenance plan on the evening of the 10th. The 300,000-ton TDI in Yantai will be shut down on the 11th, and the maintenance is expected to take 45 days.
Overseas, a factory in Germany was shut down for maintenance at the end of April and has not been restarted yet; another major factory in Germany has stopped production due to force majeure factors and cannot be restarted in the short term. On top of that, the price of natural gas in Europe has risen sharply and is at a high level. Some chemical companies in Europe are affected by rising costs. .
CFI expects that the domestic TDI market may continue to rise in October.
The global TDI industry is highly concentrated, with 15 main suppliers, and the top 3 include BASF, Covestro, and Wanhua Chemical. Domestic companies mainly include Cangzhou Dahua, Yantai Juli and other enterprises.ChemFine International Co., Ltd. (CFI Chemical Supply) established 2003,
CFI is a comprehensive chemical trading company dedicated to the procurement of fine chemicals around the world.
It is the best choice for you to stabilize your supply chain.(www.cnchemfine.com)
The price of TDI has risen by 35%, why the price of TDI can continue to rise.
The full name of TDI is toluene diisocyanate, which is a wide range of important organic chemical materials in the world. The downstream is mainly used for polyurethane flexible foam, coatings, elastomers, adhesives, etc. The common objects include furniture, sofas, mattresses, car seats, etc.
Chemical formula: C9H6N2O2
Molecular weight: 174.156
CAS Number: 584-84-9
EINECS Number: 209-544-5
The recent rise in TDI prices is related to its supply-side tightening. According to the latest news from CFI, Shanghai Covestro TDI in China has been shut down for a short period of time. At the same time, Wanhua Chemical released its annual maintenance plan on the evening of the 10th. The 300,000-ton TDI in Yantai will be shut down on the 11th, and the maintenance is expected to take 45 days.
Overseas, a factory in Germany was shut down for maintenance at the end of April and has not been restarted yet; another major factory in Germany has stopped production due to force majeure factors and cannot be restarted in the short term. On top of that, the price of natural gas in Europe has risen sharply and is at a high level. Some chemical companies in Europe are affected by rising costs. .
CFI expects that the domestic TDI market may continue to rise in October.
The global TDI industry is highly concentrated, with 15 main suppliers, and the top 3 include BASF, Covestro, and Wanhua Chemical. Domestic companies mainly include Cangzhou Dahua, Yantai Juli and other enterprises.ChemFine International Co., Ltd. (CFI Chemical Supply) established 2003,
CFI is a comprehensive chemical trading company dedicated to the procurement of fine chemicals around the world.
It is the best choice for you to stabilize your supply chain.(www.cnchemfine.com)
