APAC Dioctyl Phthalate Prices Movement Q2:

Dioctyl Phthalate Prices in South Korea:

During the second quarter of 2024, dioctyl phthalate prices in South Korea reached 1,535 USD/MT in June, reflecting a challenging market environment marked by oversupply and weak demand. The significant decline in prices was primarily driven by high inventory levels, which consistently outpaced buyer interest, resulting in a bearish market sentiment. Despite maintenance turnarounds at key facilities, such as LG Chem Ltd., these disruptions failed to provide any substantial support to the pricing trajectory.

Consequently, dioctyl phthalate demand remained subdued, with many buyers adopting a cautious approach and postponing procurement, hoping for further price reductions. This situation underscored the prevailing imbalance between dioctyl phthalate supply and demand, highlighting the ongoing challenges faced by the market as it navigated through excess supply and diminishing buyer confidence. Insights from dioctyl phthalate price history demonstrate how these factors contributed to the continued price downturn in the market.

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Note: The analysis can be tailored to align with the customer's specific needs.

Regional Analysis:  The price analysis can be extended to provide detailed dioctyl phthalate price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Factors Affecting Dioctyl Phthalate Demand and Prices

Dioctyl phthalate demand and prices are influenced by factors such as production levels, inventory management, and buyer sentiment. Fluctuations in the availability of raw materials and shifts in manufacturing capacities can impact supply, while seasonal demand changes and industrial applications, particularly in sectors like construction and automotive, dictate consumption. Market dynamics, including geopolitical events, economic conditions, and competitive pricing from alternative plasticizers, further shape pricing trends. Excess supply or weak demand in specific regions can also lead to price volatility, as reflected in historical Dioctyl Phthalate Price History trends.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors Influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Dioctyl Phthalate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Dioctyl Phthalate price trend, offering key insights into global Dioctyl Phthalate market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major market shifts.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Dioctyl Phthalate demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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