China’s TDI (Toluene Diisocyanate) export market continued to show resilient performance in October 2025, driven by steady overseas demand and competitive pricing in the global polyurethane raw materials market. According to the latest data released by the General Administration of Customs (GAC), China exported 43,956 tonnes of TDI in October, generating USD 67.1 million in export revenue.

Although October’s shipment volume slipped 9.52% month-on-month, the market still posted a robust 16.73% year-on-year increase, highlighting China’s growing influence in global TDI supply chain dynamics. The average export price stood at USD 1,527 per tonne, remaining relatively stable amid fluctuating market conditions and shifting international supply patterns.

Imports Drop Sharply as Domestic Supply Strengthens

In contrast, China’s TDI imports continued to fall. October 2025 saw only 220 tonnes of TDI imported into the country, valued at USD 0.26 million. The average import price was USD 1,198 per tonne, significantly lower than domestic export prices.

The import volume declined 59.93% month-on-month and plunged 81.97% year-on-year, underscoring China’s increasing self-sufficiency in TDI production and reduced dependence on foreign suppliers. This trend mirrors the expansion of China’s polyurethane chemical manufacturing capacity, enabling the country to meet domestic demand while boosting export competitiveness.

January–October Data Shows Strong Momentum

From January to October 2025, China exported a total of 449,765 tonnes of TDI—representing a remarkable 56.2% increase compared with the same period in 2024. With export volumes consistently outperforming last year’s levels, China’s full-year TDI export performance is projected to record over 60% growth by the end of 2025.

This surge reflects the continued recovery of downstream industries such as flexible foam, coatings, adhesives, and elastomers, along with improved trade flows in Southeast Asia, South Asia, the Middle East, and Latin America.

Market Outlook

Industry analysts expect China’s TDI export market to remain active heading into Q4 and early 2026, supported by:

• Strong global consumption in the polyurethane sector
• Capacity constraints or maintenance outages among overseas producers
• Competitive Chinese export pricing
• Improved logistics and stable shipping routes

With China cementing its role as a major player in the international TDI market, export activities are likely to remain a key factor influencing global TDI price trends and supply balance.