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  • Is DOP (dioctyl phthalate) price trend under stress?
  • According to Procurement Resource, the price trend of DOP (Dioctyl Phthalate) is likely to be under stress in the coming quarter, given the volatile demand and feeble movement in the downstream industries.
  • 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.
  • How did the price pattern of dioctyl phthalate (DOP) change in Q1?
  • The price pattern of Dioctyl phthalate (DOP) in the first quarter of 2023 fluctuated throughout the quarter, with a modest decline in the middle of the quarter. It is interesting to note that the prices increased at the beginning of Q1 due to rising demand and a limited supply of materials.
  • Why is DOP a low price?
  • The domestic market's demand for DOP kept declining, and the price pressure on 2-EH (2 Ethyl Hexanol) and PA (Phthalic Anhydride) as feedstock also slowed. However, its price has dropped to a low point due to adverse market sentiments and sluggish end-use industry offtakes.
  • Why did DOP prices drop in China and India?
  • However, April onwards, price of DOP decreased in both China and India. These countries saw a significant reduction in the use of DOP as PVC in the construction sector. Weak buying sentiment among consumers caused prices to decline even more as a result of the downstream plastic industry's dampened DOP demand in the Chinese market.

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