best price Plasticizers-Europe H2 February 2024

  • best price Plasticizers-Europe H2 February 2024
  • best price Plasticizers-Europe H2 February 2024
  • best price Plasticizers-Europe H2 February 2024
  • Why have plasticizer prices eroded in 2023?
  • Prices have eroded throughout 2023 to date, although they have not fallen quite as steeply as they have in Europe. Competition for volume in the face of an increased interest in importing plasticizers from outside the US has been one of the factors driving the recent price erosion.
  • What is the ICIS pricing methodology for plasticizers?
  • This is the ICIS pricing methodology for plasticizers. ICIS quotes plasticizer prices in Europe, Asia-Pacific and the US Gulf. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. Previous versions of this methodology can be found under Archived Documents.
  • How volatile is the plasticizers market?
  • With such a diverse range of applications, the plasticizers market can be volatile as it reacts to consumer trends, seasonality and regional supply. Buyers, sellers and traders must act quickly to make the most of market opportunities. This means constant access to the most current prices and data is key.
  • What is the global plasticizer consumption rate?
  • Overall, global plasticizer consumption will grow at a rate of about 3.5% per year in the next few years. Phthalate esters, based on phthalic acid, are the main types of plasticizers used since they satisfy a broad range of processing and performance requirements, as well as a large number of markets.
  • How will global demand for plasticizers affect the plasticizer market?
  • Continued global demand for flexible PVC will lead to continued growth for plasticizers. Demand for most downstream plasticizer markets is greatly influenced by general economic conditions. As a result, demand for plasticizers largely follows the patterns of the leading world economies.
  • Why are plasticizer prices going down?
  • Competition for volume has been strong amongst domestic players and in response to imports. TOTM (tris (2-ethylhexyl)trimellitate) - an alternative plasticizer for PVC medical devices - saw very sharp price erosion early in the year. But TOTM was not alone and all plasticizers markets saw prices moving down substantially.

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