The two components, polyol and isocyanate, constitute crucial ingredients for the production of multiple products. Those products include items such as the foams, paint and glue we see in
Another factor that causes fluctuations in the prices of polyol and isocyanate is market demand. Demand is the amount that people want to buy products that are made with those
Another factor that can heavily influence the the price of polyol and isocyanate is global economic trends. There are a number of factors that can drive prices at a global scale. For instance
Firms have various strategies for coping with price changes. One way is to tie long-term contracts to suppliers. This protects a company from sudden price increases by maintaining the
Price of polyol and isocyanate can also be affected by industry regulations. Regulations are rules that governments create