factory TOTM plasticizer price good market in Botswana

factory TOTM plasticizer price good market in Botswana

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factory TOTM plasticizer price good market in Botswana

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factory TOTM plasticizer price good market in Botswana

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factory TOTM plasticizer price good market in Botswana

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factory TOTM plasticizer price good market in Botswana

plasticizer market analysis 2023: an overview resourcewise

factory TOTM plasticizer price good market in Botswana
  • 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.
  • 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.
  • 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 are European plasticizer plants reopening?
  • Producers have continued to operate European 2-EH and plasticizer plants at reduced rates in line with demand. 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.
  • Why did DPHP and DIDP plasticizers become more competitive?
  • Their sacrifice of some of the high-performance elements of these plasticizers came at the expense of DPHP and DIDP markets. The trend created a more competitive environment for these two higher-priced plasticizers as producers attempted to maintain, and/or regain market share.