Recently, BASF has announced an increase in the price of TDI (Toluene Diisocyanate). According to iFinD data from Tonghuashun, TDI prices have surged by 650 yuan/ton as of January 13 this year. Regarding this price hike, an industry insider revealed that BASF and Covestro are the primary drivers behind the rise in TDI prices. When asked whether other companies would follow suit with their own price increases, the insider explained that each company employs different settlement methods. For instance, Covestro adopts market-based pricing, while his company uses weekly or monthly settlements. Wanhua Chemical, on the other hand, exhibits greater flexibility, employing various forms such as ten-day and monthly settlements. Regarding the longevity of these TDI price increases, the insider noted that due to the numerous and unpredictable influencing factors, it is impossible to accurately predict their sustainability.