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  • 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 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.
  • What was the price of dioctyl phthalate (DOP) in the third quarter?
  • Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics. As the Quarter ended, the price of Dioctyl Phthalate (DOP) was assessed at USD 1394/MT, FOB Busan (South Korea). Europe
  • Why did the price of dioctyl phthalate rise in Q3?
  • The price rose in the second part of Q3 as demand increased from the downstream plasticizer industry for its utilization as PVC, contributing to the cost of Dioctyl Phthalate (DOP), which assembled at USD 1440/MT during September. Europe
  • 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.
  • 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.