Key Highlights
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Asian DOP prices fell x.xxx in August due to weak demand and falling raw material costs.
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DOP manufacturers operated at elevated levels, increasing supply and contributing to surplus inventory.
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Isooctanol, a key raw material, saw a xx price decline amid rising plant utilization and new capacity.
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Prices fell xx but rebounded slightly due to tight supply and support from industrial naphthalene.
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Analysts expect continued price pressure unless construction demand revives or upstream costs rise.
The Asian market witnessed a noticeable decline in Dioctyl Phthalate (DOP) prices during August xxxx, driven by falling raw material costs, high production rates, and sluggish downstream PVC demand.听
One of the key factors behind the price drop was the fluctuating decline in the cost of isooctanol, a major raw material for DOP. Isooctanol prices fell by approx., xx in August xxxx. This was largely due to...
