Dow Raises MDI Prices in Europe and IMEA Regions
On March 5, Dow announced an increase.MDIProduct Pricing: Effective immediately or as permitted under contractual terms, the Company will increase prices for MDI products in the European region by EUR 200 per metric ton. Additionally, for MDI products sold in the India, Middle East & Africa (IMEA) region, the Company will implement a price increase of USD 300 per metric ton (or the equivalent in local currency). Dow states that this price adjustment is primarily driven by the evolving situation in the Middle East, which has led to significant increases in energy, raw material, and logistics costs, thereby raising MDI production and supply costs.
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