Lesotho supply price plasticizer TOTM for plastic industry

Lesotho supply price plasticizer TOTM for plastic industry

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Lesotho supply price plasticizer TOTM for plastic industry

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Lesotho supply price plasticizer TOTM for plastic industry

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Lesotho supply price plasticizer TOTM for plastic industry

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Lesotho supply price plasticizer TOTM for plastic industry

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Lesotho supply price plasticizer TOTM for plastic industry
  • How have plasticizer imports impacted the oxo-alcohol industry?
  • Imports of all general-purpose plasticizers have been competitive, as freight rates fell and the local markets in Asia failed to show any demand improvement, particularly China on which hopes had been pinned. As gas prices and propylene costs have gradually come down, oxo-alcohol producers have been less squeezed.
  • 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.
  • 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.