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- How volatile is the plasticizers market?
- With such a diverse range of applications, the plasticizers market can be volatile as it reacts to consumer trends, seasonality and regional supply. Buyers, sellers and traders must act quickly to make the most of market opportunities. This means constant access to the most current prices and data is key.
- Why did plasticizer prices rise sharply in Q1 2022?
- Plasticizers prices rose sharply in Q1 2022 as a result of the sharp rise in crude oil prices and improved downstream demand. The price of dioctyl phthalate averaged 1875 USD/MT towards the end of first sector. The increase in upstream value prices and the strengthening domestic market demand were the main factors influencing this price shift.
- How much do plasticizers cost?
- Prices at the end of November reached USD 675 – 1,000 / ton in Southeast Asia and China. In terms of consumption, China is the world's largest consumer of plasticizers, accounting for more than 35 – 40% of the total share in 2022.
- Where do plasticizers come from?
- In terms of consumption, China is the world's largest consumer of plasticizers, accounting for more than 35 – 40% of the total share in 2022. Depending on the type of plasticizers, the top countries most preferred for procuring the products are China, India, Germany, Vietnam, the U.S., Canada, the Netherlands, the U.A.E, and the Philippines.
- Why are plasticizer prices rising in Asia-Pacific?
- Asia The price trend for plasticizers showed an upwards trend in the the Asia-Pacific region during the first quarter owing to the domestic polymer segment's increased demand for the product as a result of better offtakes from China’s construction sector.
- What are the major cost components of plasticizers?
- The key raw materials associated with the production of plasticizers are olefins, alcohols, and acids. Hence, the major cost components include raw materials, energy and equipment, labor, facilities and storage, and transportation.
