ChemPriceHub Alert: Analysis of Hanwha TDI Unit Shutdown Supply

According to reports, Hanwha's 150,000-ton/year TDI unit in South Korea experienced an unexpected shutdown due to equipment issues starting January 2, initially expected to last at least one week. PriceSeek's analysis of TDI, with a long-short score: +1. Hanwha's 150,000-ton/year TDI unit in South Korea has been unexpectedly shut down due to equipment problems, with the outage expected to last at least one week. This will lead to a short-term reduction in global TDI supply, exacerbating market tightness and driving up spot prices. As a key raw material for polyurethanes, TDI enjoys stable demand, and supply disruptions are favorable for prices. However, the scale of the shutdown accounts for a limited proportion of global capacity (approximately 3%), and the expected recovery time is relatively short, resulting in a moderate positive impact. Therefore, the long-short score is +1.