North America Dioctyl Phthalate Prices Movement Q2:

Dioctyl Phthalate Prices in South Korea:

During Q2 2024, the dioctyl phthalate prices in South Korea experienced a significant decline, settling at 1,535 USD/MT by June. This bearish trend was primarily driven by an oversupply in the market, with high inventory levels surpassing buyer interest and creating persistent downward pressure on prices. Weak demand from key sectors further exacerbated the situation, as sluggish market activity failed to absorb the excess supply. Even maintenance turnarounds at major production facilities, such as those at LG Chem Ltd., were insufficient to offset the downward trajectory. Buyer sentiment remained cautious, with procurement activities slowing as purchasers anticipated further price drops. This combination of oversupply, reduced demand, and hesitant market behavior created a challenging environment, sustaining the price decline throughout the quarter.

How the MARC 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 shifts in the market.

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.

Unlock Real-Time Dioctyl Phthalate Prices Trend Today: https://www.imarcgroup.com/dioctyl-phthalate-pricing-report

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