Rotterdam (The Netherlands): In the last few weeks, the market for Diisononyl Phthalate (DINP) experienced a modest price increase to USD xxxx per metric ton (MT), reflecting a rise of USD xx/MT or x.xx. This upward trend, although slower compared to previous periods, can be attributed to several factors. Despite lower overall demand and price deflation on a year-over-year basis, regional PVC markets rebounded from a three-year low, helping to stabilize and elevate DINP prices. Market participants, however, remain cautious, as the current conditions do not support significant margin recovery. Consequently, DINP suppliers are reducing new orders for June, anticipating weaker sales due to subdued activity in the construction and automotive sectors.
In Italy, the domestic demand for plasticized PVC remains stable, bolstered by ongoing civil works and construction projects initiated by the Meloni government. Nonetheless, domestic supply faces stiff competition from U.S.-based suppliers offering lower prices...
