The Dioctyl Phthalate (DOP) prices declined throughout February xxxx in the APAC region due to increased inventory levels and eased upstream cost pressure. After the Spring Festival holiday, a marginal surge in demand was observed as downstream buyers replenished inventories for DOP plasticizers.听 However, as the restocking concluded, the demand for DOP plasticizers dropped in February xxxx exerting downward pressure on the DOP market. Additionally, the output of DOP plasticizer manufacturers has decreased, leading to the limited availability of DOP plasticizers.
The DOP Market was impacted by the feedstock costs during this timeframe. The price of phthalic anhydride (PA) varied and decreased, while the price of x-Ethylhexanol (x-EH) initially increased and then decreased. As a result, the production costs were reduced, intensifying the downward pressure on the overall DOP regional market.
At the end of February xxxx, the gradual onset of terminal demand and...
