high purity DOP Price Trends-Procurement Resource

  • high purity DOP Price Trends-Procurement Resource
  • high purity DOP Price Trends-Procurement Resource
  • high purity DOP Price Trends-Procurement Resource
  • What is the price trend of DOP (dioctyl phthalate)?
  • The price trend for DOP (Dioctyl Phthalate) is estimated to improve on the back of growing momentum of the downstream automotive industries and improving global economic parameters. According to Procurement Resource, DOP (Dioctyl Phthalate) Price Trend for the October - December of 2023.
  • What factors impacted the DOP market in South Korea?
  • One significant factor was the overall weak demand from key industries such as construction and automotive, which led to reduced consumption and downward pressure on prices. Additionally, the presence of competitive pricing strategies from China further impacted the market, making it challenging for South Korean DOP manufacturers.
  • Why did DOP phthalate price decline in China in July?
  • The price trend of DOP dwindled consistently in China due to the build-up of stock inventories of DOP phthalate during the lockdown, and prices plummeted significantly. However, in July, the price trend was persistent in China, and the price decreased noticeably in the domestic market.
  • How did the restocking of crude oil affect the DOP market?
  • The hesitation to restock inventories further slowed market circulation, deepening the cautious sentiment in the DOP market. Additionally, the recent depreciation in upstream crude oil prices provided further relief to DOP prices. Terminal demand remained weak, with traders unsure of market direction.
  • Why did the Chinese DOP price decline?
  • However, the Chinese DOP price trend experienced a consistent decline as purchasing activity in the market showed restraint, primarily influenced by a slow recovery in downstream demand, particularly evident in China's plasticizer sector.
  • 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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