Dibutyl Phthalate Price Trend and Forecast
North America
In the fourth quarter of 2022, the Dibutyl Phthalate Prices in North America showed changing market sentiment. The pricing trend for DBP varied as a result of fluctuating feedstock costs for phthalic acid as well as shifting demand from downstream producers of plasticizers. However, a range of other factors, such as shifting consumer attitudes, inflationary pressure, and fluctuating currency values, all had an impact on the market dynamics of DBP in the US market. Additionally, the large amount of inventory that was present in the second half of the quarter and the lower number of orders kept prices in the local markets low. Therefore, as the quarter came to a close, local prices remained low even as consumer activity increased.
APAC
The price trend of Dibutyl
Phthalate (DBP) was seen as stagnant in the domestic Chinese market. Decreased
upstream values in the domestic market affected the values negatively, and the
overall trade and export prices of DBP declined in China. The offtakes remained
consistent due to the continuous demand for phthalate materials from the
end-user plasticizer industry amid the stable consumer demand sentiments in the
construction and automotive sector. So, the domestic producers reduced the product
prices in the country as the demand was modest from the domestic plasticizer Poly
Vinyl Chloride Price. Also, the previous stock of DBP was available at
low costs in the market, and product offtakes were average.
Europe
Dibutyl Phthalate (DBP) Prices
varied in Europe during the fourth quarter of 2022, following the pattern of
the Asian market. However, due to a consistent supply and an abundance of
material, manufacturers were able to deliver the goods on time. Price inflation
for both input and product fell as a result of relieving supply constraints and
declining demand. Later, in the second half, the price increased slightly as a
result of rising production costs and rising energy costs. The need for DBP in
the European market was being driven by end-use demands from downstream
plasticizers. As a result, there were fluctuations in the price of DBP in the
Eurozone throughout the fourth quarter.
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