Recently, BASF issued a circular announcing that TDI prices have risen. The details are as follows: Dear customers, since February 1, 2018 or other contractual allowable dates, BASF will increase the price of all Lupranate TDI products by $0.10 per pound.
It is understood that, due to the rising price of Polyol Raw materials, BASF Group will raise the price of all Pluracol polyol products by 0.09 US dollars per pound, or about 1,270 RMB per ton. The new price will take effect from February 1, 2018, or if the contract permits.
The increase in product prices may come from cost pressures or the need to balance supply and demand, which indicates that these two products have the ability of cost transfer or price increase under global supply and demand. Rising prices are likely to lead to increased profits for related products.
Dow Chemical Company will raise the prices of VORANOL, VORALUX, SPECFLEX, VORASURF and other products in the U.S. market by $0.07 per pound, or about 1,000 yuan per ton. The new price will take effect from February 1, 2018, or if the contract permits.

Klein International Limited, Switzerland, announced an 8% increase in the price of all masterbatches and blends containing titanium dioxide, carbon black, pigments, dyes and several additives worldwide on February 1.
Hexion announced that it would raise the price of all epoxy resins and bisphenol A in North America. The latest price will be executed on February 1, 2018 or as stipulated in the contract. The price adjustment is mainly driven by the rising cost of important raw materials. All other terms and conditions of sale remain unchanged.
Lanxess, a chemicals company, announced that it would raise the prices of solvent dyes under Macrolex and Ceres brands worldwide by up to 20% and take effect immediately.
Langsheng said the price adjustment will mainly affect solvent dyes in plastic manufacturing and automotive industry. Influenced by the rising prices of raw materials and the rising costs of environment, health, safety and maintenance, this price increase is imperative.