Prices of plasticizer are expected to rise in September on shortage in Russia

  • Prices of plasticizer are expected to rise in September on shortage in Russia
  • Prices of plasticizer are expected to rise in September on shortage in Russia
  • Prices of plasticizer are expected to rise in September on shortage in Russia
  • How did plasticizer prices change in China?
  • In China, plasticizer prices moved up in January along with 2-EH prices, then fell back in February owing to slow demand recovery after the holiday. Prices only fluctuated slightly from March to May.
  • What happened to plasticizer prices in 2023?
  • Operating rates for US-based plasticizer plants remained reduced but with the disappointing level of demand from the construction market – as well as the increasing presence of imports – the US market was still amply supplied. Prices have eroded throughout 2023 to date, although they have not fallen quite as steeply as they have in Europe.
  • Why does Russia have a plastic shortage?
  • Travel is prohibited between cities, production lines have shut down, and group gathering spaces like malls are closed. 2 It all points to import/export restrictions on resins and lesser need for crude oil — foiling Russia’s ability to strategically rely on China, and contributing to the rising costs and turmoil of the plastics shortage.
  • Why did plasticizers market decline in 2020?
  • Manufacturing units were temporarily shut down and disruption in the supply chain was observed which led to the Plasticizers market decline. However, a strong recovery in the demand for Plasticizers was witnessed since the latter half of 2020 and is projected to grow significantly over the forecast period.
  • 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.
  • What is driving the growth of the plasticizer market?
  • The rise in the number of automotive and construction activities is driving the growth of the plasticizer market. Also, the use of plasticizer in wall and floor coverings, consumer goods, coated fabrics, film and sheet, among others is also likely to boost the demand in the region.

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