The North American MDI market continues to be disrupted because of raw material shortages, and prices are still firming. Lack of supply availability, even though most plants are reported to be online, and issues sourcing raw materials, plus high freight costs and truck shortages, are adding upward pressure on MDI prices. Demand in July has been strong, with housing starts and construction continuing to perform well, and is in line with expectations for the season. Offtake volumes from furniture and bedding have also been healthy, and this is likely to continue in the short term.
展开▼