good price Plasticizers-Europe H1 January 2024

  • good price Plasticizers-Europe H1 January 2024
  • good price Plasticizers-Europe H1 January 2024
  • good price Plasticizers-Europe H1 January 2024
  • What happened to the European plasticizers market in 2023?
  • The European plasticizers market languished in the doldrums during 2023 as buyers postponed or cancelled orders and continued to purchase only for short-term requirements. Producers have continued to operate European 2-EH and plasticizer plants at reduced rates in line with demand.
  • 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.
  • 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.
  • 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.
  • 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.
  • How did plasticizer prices change in China?
  • In China, plasticizer prices moved up in January along with 2-EH prices, then fell back in February owing to slow demand recovery after the holiday. Prices only fluctuated slightly from March to May.

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