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Plasticizers - Europe September 2017

by ChemOrbis Editorial Team -
  • 29/09/2017 (12:21)
In Europe, the plasticizers market continued to follow a stable to softer trend in the second half of September, registering large decreases particularly in the DOTP market.

The price ranges for September stand at €1300-1410/ton for DINP and DIDP and at €1300-1400/ton for DOTP, FD, 60 days.

Converters have wrapped up their September business with decreases of €15-20/ton for DINP and up to €50/ton decreases for DOTP. They are currently waiting to hear new price strategies of suppliers following October propylene settlements, agreed up by €30/ton over September.

However, expectations widely call for a stable to softer trend for October as well given the downward pressure stemming from competitive import prices that stand well below the local ranges.

Turkish DOTP was dealt at €1230-1240/ton DDP, 60 days while the low end of the locally- held DOTP and DINP ranges stand at €1300/ton, FD Italy, 60 days.

An agent of a West European producer sold his September quotas with decreases. The source commented, “As for October, we expect stable prices for DINP and DIDP since our supplier is facing delays due to the railway disruption in Germany. Hence, he will aim to regain his margins. As for DOTP, prices might post rollovers to small decreases as import material, especially from Turkey, offers a competitive edge.”

Regarding supply, Deza has resumed plasticizers production at its plant in Valasske Mezirici, Czech Republic. The producer had declared a force majeure on its production on September 14 after experiencing some technical issues at their unit.

October expectations are for a stable to softer trend. DOTP prices are under a downward pressure as competitive imports might continue to make their way to Europe in October. European suppliers might concede to some discounts in order to compete with the lower prices in the market.
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