According to reports, Kumho Plant in South Korea has issued its latest offer for liquid MDI to China at USD 2,200 per ton CIF. PriceSeek's analysis of MDI shows a bullish-bearish score of 1. The latest offer of USD 2,200 per ton CIF from Kumho Plant in South Korea for liquid MDI to China is higher than market expectations, indicating suppliers' optimism about demand. This may reflect tight supply or increased demand from the downstream polyurethane industry. This will drive up import costs and, in the short term, benefit spot prices of MDI, as buyers may be forced to accept higher offers, supporting an upward trend in the market.
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