good stability DOP Price Trends-Procurement Resource

  • good stability DOP Price Trends-Procurement Resource
  • good stability DOP Price Trends-Procurement Resource
  • good stability DOP Price Trends-Procurement Resource
  • Is DOP (dioctyl phthalate) price trend under stress?
  • According to Procurement Resource, the price trend of DOP (Dioctyl Phthalate) is likely to be under stress in the coming quarter, given the volatile demand and feeble movement in the downstream industries.
  • What factors impacted the DOP market in South Korea?
  • One significant factor was the overall weak demand from key industries such as construction and automotive, which led to reduced consumption and downward pressure on prices. Additionally, the presence of competitive pricing strategies from China further impacted the market, making it challenging for South Korean DOP manufacturers.
  • How did DOP prices change in South Korea?
  • Generally, DOP prices were influenced by limited regional supplies, moderate to high demand from the downstream industry, and fluctuations in raw material costs. In South Korea, the market witnessed the most significant price changes, with a price increase of 3.8% in December 2023 and remaining stable in January 2024.
  • Why did DOP prices fall in Germany?
  • In Germany, where the most significant price changes occurred, market dynamics closely mirrored broader regional trends. German DOP prices fell sharply, driven by high production costs and weak downstream demand, particularly from the plasticizer industry.
  • Why is the dioctyl phthalate price trend rising?
  • The rise in the dioctyl phthalate price trend can be attributed to the fall in the production rates of dioctyl phthalate due to the weak condition of the European economy. This weak economy has proved fatal for the stockpiles of dioctyl phthalate.
  • How did DOP market perform during a weak economic era?
  • During the weak economic era, DOP traders managed inventories to meet the product requirements throughout the quarter. According to US Price Index for the PVC sector, improvements from 338.1 (March) to 344.7 (April) were observed amid a shortage of homes for sale, which remained unaffected by DOP prices.

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