Toluene Diisocyanate (TDI) Price Trend, Index and Forecast

Track real-time and historical toluene diisocyanate (TDI) prices across global regions. Updated monthly with market insights, drivers, and forecasts.

Toluene Diisocyanate (TDI) Prices May 2026

Region	Price (USD/Kg)	Latest Movement
Northeast Asia	2.71	-2.5% ↓ Down
Europe	3.18	-5.1%  ↓ Down
Middle East	2.04	6.8% ↑ Up
Southeast Asia	2.07	-11.2% ↓ Down
North America	2.18	-7.2% ↓ Down

Toluene Diisocyanate (TDI) Price Index (USD/KG): 

The chart below highlights monthly toluene diisocyanate (TDI) prices across different regions.

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Market Overview Q1 Ending March 2026

Northeast Asia: The toluene diisocyanate (TDI) prices in Northeast Asia reached 2.20 USD/KG in March 2026. The upward pricing movement registered between December and March 2026 was 5.3%. High demand for the manufacture of flexible polyurethane foam, mattresses, and furniture supported robust TDI purchases, thereby maintaining positive pricing trends within Northeast Asia through the review period. Increased costs of the u🌟pstream chemicals toluene and nitric acid, used at local manufacturing plants, raised production costs and ensured prices were supported at higher than prevailing regional levels during the quarter. The lack of sufficient domestic production capacity due to scheduled maintenance shutdowns at major TDI manufacturing plants limited supply and increased competition among downstream purchasers of foam and furniture products.

Europe: The toluene diisocyanate (TDI) prices in Europe reached 2.54 USD/KG in March 2026. The downward pricing movement registered between December and March 2026 was 3.8%. Softening demand from the flexible polyurethane foam, automotive seating, and specialty coating sectors reduced procurement activity and contributed to bearish TDI market conditions across European markets throughout the review period. Competitive import cargo availability from Asian supplying nations exerted consistent downward pressure on prevailing European market rates, limiting regional producers' ability to sustain existing price levels during the quarter. Declining upstream toluene feedstock costs at regional production facilities reduced manufacturing expenses and eroded the cost floor supporting prevailing regional TDI price levels.

Middle East: The toluene diisocyanate (TDI) prices iᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚn the Middle East reached 1.84 USD/KG in March 2026. The upward pricing movement registered between Decemb🍃er and March 2026 was 17.9%. The high level of import demand for toluene diisocyanate (TDI) from the construction, furniture, and automotive industries led to robust purchases and highly favorable price trends in the Middle East market during the reviewed period. The high prices of raw materials used to manufacture TDI in the leading exporting countries in the region led to higher import prices, thereby supporting prevailing market prices. Furthermore, limited supply levels of imported TDI in the Middle East market from Asia and Europe created stiff competition amongst TDI buyers.

Southeast Asia: The toluene diisocyanate (TDI) prices in Southeast Asia reached 1.80 USD/KG in March 2026. The upward pricing movement registered between December and March 2026 was 4.7%. Firm demand from the flexible polyurethane foam, furniture, and automotive compon♒ent manufacturing sectors drove active TDI procurement and reinfo🍷rced bullish pricing conditions across Southeast Asian markets throughout the review period. Rising upstream toluene and nitric acid feedstock costs at regional and importing production facilities elevated manufacturing expenses and provided consistent upward support to prevailing market rates during the quarter. Constrained import cargo availability from Northeast Asian supplying regions tightened overall Southeast Asian supply conditions and intensified competition among downstream foam and furniture buyers for available volumes.

North America: The toluene diisocyanate (TDI) prices in North America reached 1.93 USD/KG in March 2026. The upward pricing movement registered between December and March 2026 was 19.9%. Demand for TDI from flexible polyurethane foam, mattress, and automotive seating production remained very strong, leading to substantial purchasജing activity and a highly positive price environment in North America over the report period. The increase in upstream cost pressures for toluene and phosgene from domestic production plants led to higher production costs and supported higher prices in the regional market during the quarter. Domestic production capacity consওtraints in the wake of unexpected plant shutdowns on the Gulf Coast led to tight supplies and increased competition among domestic foam and automotive customers. Strong buying activity from domestic polyurethane and coating producers helped maintain the positive price trends.

Market Overview Q4 Ending December 2025

Northeast Asia: The toluene diisocyanate (TDI) prices in Northeast Asia reached 2.09 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 4.5%. The price decline was primarily driven by weakened downs𒀰tream demand from the flexible polyurethane foam, mattress, and automotive seating manufacturing sectors, which moderated procurement volumes amid subdued consumer spending and slowing vehicle production schedules across the region. Declining upstream toluene and phosgene feedstock costs further eroded production cost support for regional manufacturers. Elevated inventory levels among major producers intensified competitive discounting strategies to accelerate stock clearance, while surplus production capacity amplified supply side pressure.

Europe: The toluene diisocyanate (TDI) prices in Europe reached 2.64 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 20.7%. The main cause of the significant price increase was extremely tight supply condཧitions driven by planned maintenance turnarounds at key manufacturing sites and unplanned plant outages, which significantly limited regi📖onal availability. Despite low spot market volumes, procurement competitiveness increased due to strong demand from the furniture, automobile cushioning, and flexible foam manufacturing sectors. Production costs for local firms were further increased by rising upstream toluene and chlorine feedstock costs.

Middle East: The toluene diisocyanate (TDI) prices in the Middle East reached 1.56 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 10.2%. The notable price decline reflected subdued demand from the flexible foam, mattress, and furniture manufacturing sectors, which moderated procurement volumes amid cautious industrial spending patterns and slowing construction activity across the region. Softening upstream🐽 toluene feedstock costs further diminished production cost benchmarks for regional suppliers. Ample import availability from competitively priced cargoes intensified downward pricing pressure on prevailing market rates, while elevated stockpile positions among key distributors prompted competitive pricing concessions to stimulate buyer interest.

Southeast Asia: The toluene diisocyanate (TDI) prices in Southeast Asia reached 1.72 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 0.5%. The negligible price decline reflected a predominantly stable ༺market environment characterized by equilibrium between supply and demand fundamentals across the region. Moderate consumption from the flexible polyurethane foam, mattress, and automotive seating sectors maintained consistent procurement activity, while adequate import availability ensured comfortable supply volumes. Softening upstream toluene feedstock costs provided marginal downward pressure on production economics, while balanced inventory positions among key distributors limited significant pricing fluctuation.

North America: The toluene diisocyanate (TDI) prices in North America reached 1.61 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 9.1%. Weakened demand from the flexible foam, furniture cushioning, and automobile seating manufacturing industries, along with declining consumer spending and constrained housing market activity across the 💎region, were the primary causes of the significant price drop. Lower production cost assistance for domestic manufacturers was made possible by declining upstream toluene and phosgene feedstock costs, which allowed for lower price adjustments. While excess local production capacity kept supply levels comfortable, increased import availability from competitively priced cargoes put additional adverse pressure on current market rates.

Market Overview Q3 Ending September 2025

Northeast Asia: Market activity was shaped by balanced supply-demand fundamentals across China, South Korea, and Japan. China’s producers operated at steady rates, ensuring consistent availability, but weak downstream consumption in the furniture and automotive upholstery sectors limited demand-side momentum. Export competitiveness was challenged by currency fluctuations, particularly the depreciation of the Chinese yuan against the US dollar, which increased the cost burden on importers. Shipping logistics across regional ports were mostly stable; however, elevated domesti🦋c freight costs in China added marginal price pressure. Meanwhile, Korean suppliers faced moderate competition from Chinese cargoes offered at discounted rates, tempering price movements across the region.

Europe: The steep drop was driven by reduced demand from the construction and automotive sectors, where persistent inflationary pressure weakened consumer spending and slowed production output. Supply-side factors included abundant availability from regional manufacturers, coupled with competitive imports from Asia, which weighed heavily on local pricing. Energy-relat𒐪ed costs, though elevated due to fluctuating natural gas prices, could not offset the downward trajectory caused by weak demand. Additionally, disruptions in inland logistics, particularly trucking bottlenecks, increased distribution costs, but oversupply outweighed these pressures.

Middle East: The market in the Middle East was under significant downward pressure, largely driven by soft downstream demand. Key consuming sectors such as furniture, insulation, and automotive interiors saw muted demand caused by slower construction activity in Gulf countries and weak regional industrial growth. On the supply side, regional producers maintained steady output, benefiting from relatively lower feedstock costs and favorable energy supply regimes in petrochemical complexes within GCC countries. However, oversupply in nearby export markets and competition from Asian suppliers constrained the ability to pass on cost benefits to resin producers.

Southeast Asia: Regional demand, particularly in Vietnam, Thailand, and Indonesia, was weak due to slower furniture and automotive manufacturing activity, as both sectors grappled with subdued consumer spending. Oversupply pressures emerged as Chinese exporters redirected 🍷surplus volumes into the region at discounted rates. Port congestion in key Southeast Asian hubs, coupled with high shipping container charges, slightly inflated landed costs, but could not counterbalance the overall bearish trend. Currency depreciation across several Southeast Asian economies further inflated import bills, although buyers resisted procurement at higher cost, forcing suppliers to soften offers.

North America: The decline was primarily attributed to sluggish demand from the automotive and construction sectors, both of which are major consumers of polyurethane-based products. Domestic supply remained ample as production across Gulf Coast facilities was st💮eady, but demand destruction due to high inflation and tighter credit conditions forced suppliers to cut prices to clear inventories. Imports from Asia also contributed to the bearish sentiment, as cheaper cargoes undercut local producers. Additionally, logistical challenges, including rail freight bottlenecks and elevated port handling costs, added to distribution hurdles but did not reverse the falling trend, leaving the market under sustained downward pressure.

Toluene Diisocyanate (TDI) Price Trend, Market Analysis, and News

IMARC's latest publication, “Toluene Diisocyanate (TDI) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the toluene diisocyanate (TDI) market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of toluene diisocyanate (TDI) at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed toluene diiso🧸cyanate (TDI) prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting toluene 🐻diisocyanate (TDI) pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Toluene Diisocyanate (TDI) Industry Analysis

The global toluene diisocyanate (TDI) industry size reached 2.49 Million Tons in 2025. By 2034, IMARC Group expects the market to reach 2.96 Million Tons, at a projected CAGR of 1.84% during 2026-2034. The market is driven by the rising polyurethane foam demand in construction, increasing automotive applications in seating and interiors, ongoing expansion in furniture production, and technological advancements in lightweight materials for energy effi🔴cient infrastructure.

Latest developments in the Toluene Diisocyanate (TDI) Industry:

• March 2025: Covestro completed the modernization of its Toluene Diisocyanate (TDI) facility in Dormagen. The company officially inaugurated the upgraded plant and announced its goal of improving energy efficiency in production.
   
• February 2024: BASF invested a high double-digit euro amount in a new fermentation plant for biological and biotechnology- based crop protection products at its Ludwigshafen site. The plant is likely to manufacture products that bring value to farmers including biological fungicides and biological seed treatment. BASF also planned to use the plant to produce the main building block of Inscali, a novel insecticide derived from a fungal strain.
   
• August 2022: Tosoh Corporation announced that it aims to increase the production capacity of separation and purification media TOYOPEARL and TSKgel PW at its Nanyo Complex in response to the rising demand for antibody and oligonucleotide drug purification.

Product Description

Toluene Diisocyanate (TDI) is a pale yellow, highly reactive organic chemical compound classified as an aromatic diisocyanate, primarily derived from toluene. It holds a critical position in the global chemical hierarchy due to its widespread use in producing flexible polyurethane foams. TDI’s defining property lies in its reactivity with polyols, enabling the creation of lightweight, durable, and versatile foam materials. Its primary industrial applications span across furniture cushioning, automotive seating, mattresses, and packaging, where it enhances product comfort, resilience, and performance. Additionally, TDI is also employed in coatings, adhesives, and sealants, reflecting its multifaceted utility in industrial manufacturing.

Report Coverage

Key Attributes	Details
Product Name	Toluene Diisocyanate
Report Features	Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Toluene Diisocyanate Price Analysis, and Segment-Wise Assessment.
Currency/Units	US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered	The current coverage includes analysis at the global and regional levels only.    Based on your requirements, we can also customize the report and provide specific information for the following countries:    Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand   Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece   North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco   The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers	Company Overview Business Description Recent Trends and Developments
Customization Scope	The report can be customized as per the requirements of the customer
Report Price and Purchase Option	Plan A: Monthly Updates - Annual Subscription Scope Historical Data for the Current Month Forecast for Next Month Total Deliverables Per Year: 12 (One Per Month) Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year Plan B: Quarterly Updates - Annual Subscription Scope Historical Data for the Current Quarter Forecast for Next Quarter Total Deliverables Per Year: 4 (One Per Quarter) Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year Plan C: Biannually Updates - Annual Subscription Scope Historical Data for the Current Half Forecast for the Next Half Total Deliverables Per Year: 2 (One Per 6 Months) Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support	360-degree analyst support after report delivery
Delivery Format	PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of toluene diisocyanate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting toluene diisocyanate price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The toluene diisocyanate price charts ensure our clients remain at the forefront of the industry.