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Chempricehub Important Reminder: Covestro North America Increases MDI Prices
Published on 2026-02-24
February 24th News: Effective March 1, 2026, or as per contract terms, Covestro will increase the price of all MDI products by $0.10 per pound across all market segments in North America. This price adjustment is implemented on top of previously enacted price changes for such products. Chempricehub Analysis on MDI: Bull-Bear Score: +1.5 Covestro has announced a price increase of $0.10 per pound for MDI products across all market segments in North America, effective March 1, 2026. This adjustment follows previous price hikes, indicating suppliers' expectations of strong market demand or rising costs. As a major MDI producer, Covestro's proactive price increase may prompt other suppliers to follow suit, driving up spot market prices. The increase, equivalent to approximately $220 per ton (based on unit conversion), represents a significant rise and is favorable for spot prices. The score is +1.5, as the impact is limited to the North American region, but the upward pricing trend is clear and substantial, potentially stimulating short-term demand growth.