sanjaypandit
Newbie
- Apr 14, 2025
- 1
- 1
Hi everyone,
I recently reviewed the latest report on Dioctyl Terephthalate (DOTP) price trends from Procurement Resource. In the second half of 2024, the Asian market experienced a downward trend, primarily due to weak demand from key sectors like construction and plastics. Buyers were cautious, focusing on spot purchases, which reduced trading activity and exerted downward pressure on prices.
In Europe, the DOTP market remained relatively stable, with some fluctuations driven by regional supply and demand factors. The construction sector's weak performance kept demand subdued, while supply disruptions from port strikes and adverse weather conditions impacted material availability, providing some support to prices.
North America's DOTP prices stayed relatively stable, despite challenges like weaker demand in the downstream plasticizer industry and supply chain disruptions due to hurricanes and plant shutdowns. Although feedstock costs for phthalic anhydride increased earlier in the quarter, they didn't significantly affect DOTP prices.
Given these trends, what are your thoughts on the future trajectory of DOTP prices? Are we likely to see a rebound soon, or will the market remain subdued?
Feel free to share your insights!
I recently reviewed the latest report on Dioctyl Terephthalate (DOTP) price trends from Procurement Resource. In the second half of 2024, the Asian market experienced a downward trend, primarily due to weak demand from key sectors like construction and plastics. Buyers were cautious, focusing on spot purchases, which reduced trading activity and exerted downward pressure on prices.
In Europe, the DOTP market remained relatively stable, with some fluctuations driven by regional supply and demand factors. The construction sector's weak performance kept demand subdued, while supply disruptions from port strikes and adverse weather conditions impacted material availability, providing some support to prices.
North America's DOTP prices stayed relatively stable, despite challenges like weaker demand in the downstream plasticizer industry and supply chain disruptions due to hurricanes and plant shutdowns. Although feedstock costs for phthalic anhydride increased earlier in the quarter, they didn't significantly affect DOTP prices.
Given these trends, what are your thoughts on the future trajectory of DOTP prices? Are we likely to see a rebound soon, or will the market remain subdued?
Feel free to share your insights!
