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DOP Prices


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The Mumbai plasticizer market has seen a downward adjustment in Dioctyl Phthalate (DOP) prices, reflecting weaker demand and evolving raw material cost structures According to Indian Petrochem, the price dropped to Rs.118/kg on August 25, 2025, underscoring how demand contraction and upstream volatility are reshaping margins. The easing trend comes amid softer PVC consumption in construction and consumer goods, alongside volatility in phthalic anhydride and 2-ethylhexanol supplies. Market drivers and production chemistry:- DOP is produced via esterification of phthalic anhydride with 2-ethylhexanol, typically catalyzed by sulfuric acid. Depending on the route, this may occur directly or through a monoester intermediate. The compound’s importance lies in its ability to impart flexibility, elasticity, and durability to PVC products, making it the backbone of applications in wires, cables, flooring, and synthetic leather. Global players and market footprint:- Major global producers include BASF (Germany), LG Chem (South Korea), Eastman Chemical (USA), ExxonMobil Chemical (USA), Aekyung Petrochemical (South Korea), and UPC Technology (Taiwan). These players maintain diversified portfolios in plasticizers, with production footprints that influence global trade flows into South Asia. In India, local demand remains highly sensitive to downstream consumption in construction, automotive, and consumer durables. Growth trajectory: The global DOP market is projected to expand at a Compound Annual Growth Rate (CAGR) between 4.0% and 8.5% over the forecast period. While conservative estimates peg growth closer to 4% due to regulatory headwinds in Europe and North America, more bullish forecasts lean toward 8.5%, driven by surging demand in Asia-Pacific. India, Southeast Asia, and parts of Latin America remain the growth hotspots. Outlook and risks: The immediate price decline in Mumbai signals a delicate balance between raw material costs and end-user pull. Regulatory scrutiny — particularly on phthalate-based plasticizers — continues to shadow the market, with downstream manufacturers exploring alternatives. However, for now, DOP remains entrenched in flexible PVC supply chains. Procurement managers must prepare for periodic swings as crude-linked feedstock costs and policy changes dictate market direction, DOP Prices, Prices DOP, Indian Petrochem.
#DOPprices #PricesDOP #Indianpetrochem

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Target State: All States
Target City : Delhi
Last Update : Aug 25, 2025 8:51 AM
Number of Views: 12
Item  Owner  : Indianpetrochem
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2025-08-25 (0.654 sec)