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Plasticizers - Europe March 2017

by ChemOrbis Editorial Team - content@chemorbis.com
  • 31/03/2017 (15:48)
In Italy, March demand was mediocre in the plasticizers market. However, prices posted monthly increases of up to €100/ton as supply for DOTP is very short while it is limited for DINP.

In Italy’s local market, the done deal ranges are quoted at €1220-1300/ton for DINP and DIDP and at €1250-1300/ton for DOTP, FD, 60/90 days. Prices were up by €40/ton on the low ends for DINP and DIDP while high ends of these ranges came down by €20/ton. Meanwhile, DOTP prices increased by €70/ton on the low end and €50/ton on the high end.

A compounder in Italy reported, “We purchased some material with €30/ton increases for DINP and DIDP this month and we started to receive April offers for DOTP with large increases given tightness.”

April propylene contracts were fully settled with €15/ton increases from March at €880/ton FD NWE.

Whether smaller than expected propylene hikes for April will support further increases remains as a question mark among players as the market might not be able to digest further increases considering the strong hikes in the past months, according to some. Therefore, they mostly expect a stable trend for April partly due to the recent losses in the spot propylene market. On the other hand, some players expect another round of increases in April on availability issues.

In Germany, DINP was dealt at €1200-1220/ton while DIDP was traded at €1180-1200/ton FD, 30 days. A buyer in Germany reported to have purchased material with increases of €80-100/ton for DOTP while paying smaller increases of €30-50/ton for DINP and DIDP. In France, a distributor reported to have sold DOTP at €1300/ton FD, 60 days.

In the import market, Korean DINP was traded at €1270/ton DDP Italy, 60 days. Turkish DOTP was dealt at €1260-1270/ton with the same terms while deals for Far East Asian material stand within the range of €1260-1300/ton.
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