hot selling DOP Price Trends-Procurement Resource

  • hot selling DOP Price Trends-Procurement Resource
  • hot selling DOP Price Trends-Procurement Resource
  • hot selling DOP Price Trends-Procurement Resource
  • 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.
  • Why did DOP prices fall in Germany?
  • In Germany, where the most significant price changes occurred, market dynamics closely mirrored broader regional trends. German DOP prices fell sharply, driven by high production costs and weak downstream demand, particularly from the plasticizer industry.
  • 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.
  • 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.
  • 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.

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