巴斯夫、科思创，MDI涨价！

Price Adjustments - BASF announced a price increase of $200 per ton for MDI products in the ASEAN region effective immediately or as per contract terms [1] - Covestro will raise prices for MDI products in North America by $0.10 per pound (equivalent to $220 per ton) starting March 1, 2026, following previous price adjustments [3] - Huntsman announced a price increase of $260 per ton for MDI products and $110 per ton for polyether products in the U.S. market, effective immediately or as per existing contracts [3] Market Dynamics - February is traditionally a price increase period for polyurethane products due to major consumption markets like mainland China, Taiwan, and Southeast Asian countries being on holiday for the Spring Festival [4] - The Middle East market experiences increased demand during Ramadan, leading to reduced inventory levels for MDI and polyether manufacturers [4] - As of February 24, 2026, domestic prices for polymer MDI were at 13,900 yuan per ton, and pure MDI at 17,500 yuan per ton, remaining stable compared to pre-Spring Festival levels [4] Production Capacity and Challenges - As of February 12, 2026, global MDI capacity was 11.55 million tons, with 1.94 million tons of overseas capacity operating at low load [4] - Wanhua Chemical has a total MDI capacity of 3.8 million tons as of the end of 2024 [4] - Covestro's TDI facility in Germany has been offline since July 12, 2025, due to force majeure, and BASF's TDI facility in South Korea is scheduled for maintenance from February 25 to March 15, 2026 [4]