Genoa (Italy): Diisononyl Phthalate (DINP) prices recover in Italian markets second month consecutively in the month of February xxxx after continually deflating in FYxx. The recovery in prices was also evident from recovery in manufacturing in PMI with xx-month high score recorded in February xxxx in Italian markets. DINP price revisions upwards also provided positive price pressure for the upward revision of PVC export prices. Overall sentiment in Italian markets remained positive for DINP with demand sentiments gradually improving and downstream PVC markets gradually stabilizing across European markets.
DINP supply in European markets largely dominated by German and Korean suppliers. Upward price revisions in DINP are partially due to longer lead times due to supply chain disruption in Suez route and partially due to recoveries observed in Italian construction markets since FYxx. Pricing for February reveals that upward revision of DINP by suppliers from Europe suggests...
