low price Plasticizers-Europe H2 February 2024

  • low price Plasticizers-Europe H2 February 2024
  • low price Plasticizers-Europe H2 February 2024
  • low price Plasticizers-Europe H2 February 2024
  • What was the price trend for plasticizers in second quarter 2022?
  • During the second quarter, plasticizers’ demand from the automotive and construction industries remained stable, hence the price trend for plasticizers stayed stable during the second quarter of 2022. Procurement Resource provides latest prices of Plasticizers.
  • How volatile is the plasticizers market?
  • With such a diverse range of applications, the plasticizers market can be volatile as it reacts to consumer trends, seasonality and regional supply. Buyers, sellers and traders must act quickly to make the most of market opportunities. This means constant access to the most current prices and data is key.
  • Why are plasticizer & OXO-alcohol markets stagnating in 2023?
  • With the year 2023 now into its second half, plasticizer and oxo-alcohol markets remain relatively stagnant globally. Demand failed to pick up as hoped and ongoing economic pressures left markets languishing in a slow demand cycle for many months.
  • 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 did European plasticiser producers struggle during H2?
  • European plasticiser producers struggled withhigh energy costs, a factor that pushed up their respective costs bases significantly. At the same time, imports of plasticisers from Turkey and Asia have been competitive while overall downstream demand has softened during H2.
  • 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.

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