hot selling DOP prices continue to rise in Russia

  • hot selling DOP prices continue to rise in Russia
  • hot selling DOP prices continue to rise in Russia
  • hot selling DOP prices continue to rise in Russia
  • 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.
  • 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.
  • 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 remain low in August?
  • In August, DOP prices remained low due to increasing inventory levels and sluggish demand from the plasticizer sector, along with declining export purchasing activity. Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics.
  • Will DOP prices continue moving south in Q1 of 2024?
  • These factors combined contributed to a reduction in DOP costs during the mid of the month. The latest analysis suggests that DOP prices are expected to continue moving southward in Q1 of 2024 as the recent fluctuations in the raw material 2-EH and the decline in the PA market are anticipated to weaken the cost support for plasticizer DOP.
  • Why did DOP phthalate price decline in China in July?
  • The price trend of DOP dwindled consistently in China due to the build-up of stock inventories of DOP phthalate during the lockdown, and prices plummeted significantly. However, in July, the price trend was persistent in China, and the price decreased noticeably in the domestic market.

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