factory price (PLASTICIZERS) Plasticizers-DOP South Korea

  • factory price (PLASTICIZERS) Plasticizers-DOP South Korea
  • factory price (PLASTICIZERS) Plasticizers-DOP South Korea
  • factory price (PLASTICIZERS) Plasticizers-DOP South Korea
  • What is the price of dioctyl phthalate (DOP) in South Korea?
  • However, the high Consumer Price Index and weak economic situation dampened consumer spending, impacting downstream demand for plasticizers like DOP. The latest price of Dioctyl Phthalate (DOP) FOB Busan in South Korea for December 2023 is USD 1500/MT.
  • What is the price of dioctyl phthalate (DOP) FOB Busan in South Korea?
  • The latest price of Dioctyl Phthalate (DOP) FOB Busan in South Korea for December 2023 is USD 1500/MT. Europe The DOP prices in the European market exhibited an overall decline in the fourth quarter of 2023. European DOP traders and manufacturers were primarily focused on the reduced demand from the downstream Plasticizer and construction industry.
  • What impacted the DOP price in South Korea in Q2 2024?
  • The quarter culminated with the DOP price settling at USD 1520/MT FOB Busan in South Korea, underscoring the adverse market conditions. Overall, the Q2 2024 pricing environment for DOP in South Korea, and the broader APAC region, was decidedly negative, driven by an array of detrimental factors influencing both supply and demand dynamics. Europe
  • How did DOP prices change in South Korea?
  • Generally, DOP prices were influenced by limited regional supplies, moderate to high demand from the downstream industry, and fluctuations in raw material costs. In South Korea, the market witnessed the most significant price changes, with a price increase of 3.8% in December 2023 and remaining stable in January 2024.
  • Why was DOP demand limited in the USA's manufacturing plasticizer sectors?
  • The limited DOP demand in the USA's manufacturing plasticizer sectors was a result of a slow economic recovery and stagnant trading conditions in relevant segments. In anticipation of a price hike due to a new import tariff, buyers temporarily suspended their purchasing activities during this period.
  • Why did DOP prices drop in Asia?
  • Despite stable production of downstream plasticizers and major manufacturers making demand-based purchases, DOP prices followed a downward trend in Asian countries including South Korea and China. The market transaction volume of 2-EH weakened, leading to insufficient support for maintaining its high price.

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