DOP Guide: the trend of domestic DOP market fell on October 18-Echemi Yemen

  • DOP Guide: the trend of domestic DOP market fell on October 18-Echemi Yemen
  • DOP Guide: the trend of domestic DOP market fell on October 18-Echemi Yemen
  • DOP Guide: the trend of domestic DOP market fell on October 18-Echemi Yemen
  • Why did DOP prices remain low in August?
  • In August, DOP prices remained low due to increasing inventory levels and sluggish demand from the plasticizer sector, along with declining export purchasing activity. Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics.
  • What was the price of dioctyl phthalate (DOP) in the third quarter?
  • Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics. As the Quarter ended, the price of Dioctyl Phthalate (DOP) was assessed at USD 1394/MT, FOB Busan (South Korea). Europe
  • How did DOP market perform during a weak economic era?
  • During the weak economic era, DOP traders managed inventories to meet the product requirements throughout the quarter. According to US Price Index for the PVC sector, improvements from 338.1 (March) to 344.7 (April) were observed amid a shortage of homes for sale, which remained unaffected by DOP prices.
  • What happened to dioctyl phthalate prices in Asia?
  • In the Asian Pacific market, dioctyl phthalate prices fell by nearly 9%, from approximately 1476 USD/MT in January’23 to 1340 USD/MT in June’23.
  • What shaped the European dioctyl phthalate market?
  • In the quarter ending September 2024, the European Dioctyl Phthalate (DOP) market experienced a largely stable pricing environment, driven by several key factors. The market was primarily shaped by weak demand in the downstream plasticizer industry, adequate supply levels, and stable upstream raw material costs.
  • How is the DOP market influenced by the PVC sector?
  • The DOP market is highly influenced by the downstream PVC sector, which is used as a key housing factor in the construction industry. The construction sector was growing in Europe amidst an increase in sales for in-built houses. Due to the rising prices for rental houses, consumers' enthusiasm towards the houses is hampering sales.

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