DOP plasticizer for plastic industry price in Korea

DOP plasticizer for plastic industry price in Korea

DOP and other plasticizers plasticizer korea

DOP plasticizer for plastic industry price in Korea

plasticizers price report compliance and methodology

DOP plasticizer for plastic industry price in Korea

plastic plasticizer dioctyl phthalate DOP for pvc industry

DOP plasticizer for plastic industry price in Korea

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DOP plasticizer for plastic industry price in Korea

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DOP plasticizer for plastic industry price in Korea
  • 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.
  • What is the ICIS pricing methodology for plasticizers?
  • This is the ICIS pricing methodology for plasticizers. ICIS quotes plasticizer prices in Europe, Asia-Pacific and the US Gulf. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. Previous versions of this methodology can be found under Archived Documents.
  • What impacted the DOP price in South Korea in Q2 2024?
  • The quarter culminated with the DOP price settling at USD 1520/MT FOB Busan in South Korea, underscoring the adverse market conditions. Overall, the Q2 2024 pricing environment for DOP in South Korea, and the broader APAC region, was decidedly negative, driven by an array of detrimental factors influencing both supply and demand dynamics. 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 did DOP prices drop in Asia?
  • Despite stable production of downstream plasticizers and major manufacturers making demand-based purchases, DOP prices followed a downward trend in Asian countries including South Korea and China. The market transaction volume of 2-EH weakened, leading to insufficient support for maintaining its high price.