low price DOP Plasticizer Market Scope

  • low price DOP Plasticizer Market Scope
  • low price DOP Plasticizer Market Scope
  • low price DOP Plasticizer Market Scope
  • Why did DOP prices remain low in August?
  • In August, DOP prices remained low due to increasing inventory levels and sluggish demand from the plasticizer sector, along with declining export purchasing activity. Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics.
  • 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 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.
  • What shaped the plasticizer market?
  • The market was primarily shaped by weak demand in the downstream plasticizer industry, adequate supply levels, and stable upstream raw material costs. These elements worked together to maintain balanced market conditions, resulting in minimal pricing fluctuations throughout the third quarter of 2024.
  • 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.
  • What influenced the price trend of dioctyl phthalate (DOP) in the European market?
  • The average pricing trend of Dioctyl Phthalate (DOP) during the second quarter in the European market remained weak as compared with the first quarter. The DOP market is highly influenced by the downstream PVC sector, which is used as a key housing factor in the construction industry.

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