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In conclusion, the product offtakes were mild, and the price of Dioctyl Phthalate (DOP) Spot Ex- Shanghai assembled at USD 1454/MT in October after a monthly slide of 3.2% in product pricing. Later, due to the impact of the COVID restriction, which disrupted the product's shipping, the price was seen to be increasing toward the conclusion of
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- What is the price of dioctyl phthalate (DOP) in South Korea?
- However, the high Consumer Price Index and weak economic situation dampened consumer spending, impacting downstream demand for plasticizers like DOP. The latest price of Dioctyl Phthalate (DOP) FOB Busan in South Korea for December 2023 is USD 1500/MT.
- What is the price of dioctyl phthalate (DOP) FOB Busan in South Korea?
- The latest price of Dioctyl Phthalate (DOP) FOB Busan in South Korea for December 2023 is USD 1500/MT. Europe The DOP prices in the European market exhibited an overall decline in the fourth quarter of 2023. European DOP traders and manufacturers were primarily focused on the reduced demand from the downstream Plasticizer and construction industry.
- 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 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.
- What was the price of dioctyl phthalate (DOP) in the third quarter?
- Overall, the third quarter was marked by a sluggish DOP market, with downward price pressure due to weak demand and uncertain market dynamics. As the Quarter ended, the price of Dioctyl Phthalate (DOP) was assessed at USD 1394/MT, FOB Busan (South Korea). Europe
- 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.
