DOP (Dioctyl Phthalate) Price Trend and Forecast

DOP (Dioctyl Phthalate) Regional Price Overview

Get the latest insights on price movement and trend analysis of DOP (Dioctyl Phthalate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


DOP (Dioctyl Phthalate) Price Trend for the Q1 of 2024

Product Category Region Price Time Period
DOP (Dioctyl Phthalate) Chemicals China 1680 USD/MT January'24
DOP (Dioctyl Phthalate) Chemicals China 1549 USD/MT March'24

Stay updated with the latest DOP (Dioctyl Phthalate) prices, historical data, and tailored regional analysis


The Asian market for dioctyl phthalate underwent a decline in the first quarter of 2024 due to various factors. In China, the average spot (FD) prices declined from 1680 USD/MT in January to 1549 USD/MT in March. The influencing factors include a global softening in plasticizer demand amid a slower economic recovery and an oversupply scenario.

DOP (Dioctyl Phthalate) Price Chart

Dioctyl Phthalate Price Trends

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The market also faced several particularly diminished downstream PVC demands from the construction sector impacting the overall market dynamics. Additionally, recent fluctuations in raw material prices, such as 2-Ethylhexanol, and a decline in the polyamide market further contribute to the downward pressure on dioctyl phthalate pricing momentum. Despite ongoing challenges, there was an optimistic trend observed in the later phase of the quarter with the rise in the crude oil prices potential easing of inflation, and a gradual recovery of the industrial sector.


In the first quarter of 2024, European dioctyl phthalate prices faced challenges due to declining consumer interest and rising interest rates, impacting the struggling manufacturing sector. Along with month-to-month variations, limited dioctyl phthalate production and rising energy costs disrupted the supply-demand equilibrium of the market.

However, initially, the market initially saw a bullish trend due to tight feedstock supply and rising crude oil prices. But soon, under the pressure of inflation and rising rates of interest, the interest of downstream industries and their spending budget became dormant. Supply shortages intensified due to adverse weather conditions and loss of imports from the US, further raised the concerns amid the traders regarding the uncertainties of the market.

North America

The dioctyl phthalate market in the US witnessed a significant fluctuation in its prices attributed to rising prices of major feedstocks and oscillating demand from the downstream industries.

The overall positive economic growth outlook prompted suppliers to raise their production rates in the first half of the quarter, leading to an increase in the momentum of the market. Additionally, the downstream automobile market displayed resilience, with robust sales figures, particularly in light vehicles and aerospace sectors. However, as the quarter progressed, the overall momentum of the market started to fade out as the loss of exports and drying up of the Panama Canal exerted a negative influence on the market.

Analyst Insight

According to Procurement Resource, the price trend of DOP (Dioctyl Phthalate) is estimated to improve on the back of growing momentum of the downstream automotive industries and improving global economic parameters.

DOP (Dioctyl Phthalate) Price Trend for the October - December of 2023

Product Category Region Price Time Period
DOP (Dioctyl Phthalate) Chemicals USA USD 1550/MT December’23
DOP (Dioctyl Phthalate) Chemicals China 1588 USD/MT October’23
DOP (Dioctyl Phthalate) Chemicals China 1651 USD/MT December’23

Stay updated with the latest DOP (Dioctyl Phthalate) prices, historical data, and tailored regional analysis


In Asian countries, as the cost of feedstock 2-ethyl hexanol fluctuated throughout the fourth quarter of 2023, despite the challenges, the dioctyl phthalate ended the year on a higher note. In China, the dioctyl phthalate prices rose from around 1588 USD/MT (Spot FD) in October to 1651 USD/MT in December’23.

The trend turned favorable for the product as the demand for plasticizers and synthetic rubber showed signs of improvement. Some other factors, such as inventory levels and export-import imbalances, which were a cause of concern amongst traders, worried the traders worked in favor of dioctyl phthalate price trend during Q4’23.


In the fourth quarter of 2023, the price of feedstock 2-ethyl hexanol in European countries faced several challenges, which were well translated in the dioctyl phthalate price trend. The foremost cause of this decline was falling consumer interest and rising interest rates, which put a strain on the already struggling manufacturing sector. However, there were some month-to-month variations and rising costs of energy production that led to the limited production of dioctyl phthalate and thus helped in sustaining a balance between supply and demand.

North America

For the North American market of dioctyl phthalate, the challenges majorly arose from within the domestic market. First, the cost of raw materials fluctuated heavily throughout the quarter but stabilized towards the end. However, this was not sufficient for the dioctyl phthalate price trend, and the market inched toward its lowest point in November.

The consistent struggles with exports and disruptions in supply chains further added additional pressures on the dioctyl phthalate market. On the positive side, the slow but persistent demand kept the dioctyl phthalate prices above par as the quarter approached completion.

Analyst Insight

According to Procurement Resource, the price trend of DOP (Dioctyl Phthalate) are likely to be under stress in the coming quarter, given the volatile demand and feeble movement in the downstream industries.

Dioctyl Phthalate Price Trend for the July - September of 2023


In the Asian countries, the dioctyl phthalate price graph observed a significant incline during the third quarter of 2023. The main factor contributing to this hike was its demand from the downstream industries due to which many manufacturing plants had to increase their production rates. In China, the rise in the dioctyl phthalate price trend was around 14%, in which the offtakes from the plasticizers sector as well as the construction industries had a significant share.


In the third quarter, the dioctyl phthalate prices moved northwards in the first half. This rise was a result of a remarkable decline in the level of inventories as the demand side of the market showed a significant recovery. Further, the fall in the production rates of dioctyl phthalate due to the weak condition of the European economy also proved fatal for the stockpiles of dioctyl phthalate and thus led to the rise in the dioctyl phthalate price trend. In the second half, the slump in construction activities adversely affected the demand for dioctyl phthalate and, in turn, its price trend.

North America

In North America, the improvement in the market activities of cement and construction industries supported the growth of dioctyl phthalate price trend initially. But as the quarter progressed, the demand from these industries was not sufficient to keep the prices of dioctyl phthalate in the green light. Despite the positive movement of the North American market sector, the excess of inventories and rise in the competitiveness of the market led to the southwards movement of the dioctyl phthalate price trend.

Analyst Insight

According to Procurement Resource, the price trend of Dioctyl Phthalate are estimated to move southwards as the challenging global market conditions seem to affect the dioctyl phthalate prices negatively.

Dioctyl Phthalate Price Trend for the First Half of 2023


The prices of dioctyl phthalate fluctuated in the Asian Pacific market in the first two quarters of 2023. The spot prices in China fell from approximately 1476 USD/MT in January’23 to 1340 USD/MT in June’23, registering a dip of almost 9% in the two quarters of 2023. The slight incline in the initial phase was supported by the rise in the prices of feedstock, but this trend did not sustain in the long run. The decline in demand from the end-user industries and oscillating market dynamics negatively impacted the dioctyl phthalate market.


The European prices of dioctyl phthalate showcased a mixed trend as the prices followed an upward trajectory in the initial months but dipped down in the end months of said period. The initial spike in prices was supported by sustained demand from the plasticizer sector but the demand scenario overturned in the region, and the prices took a dip. Additional factors that influenced this trend were the shifting of market dynamics and variations in the consumer sector.

North America

The price trend for dioctyl phthalate oscillated in the US domestic market in the first half of 2023. Similar to what was witnessed in Europe, the prices increased in the first half of Q1 due to a decline in the level of inventories and increasing demand. However, later the price nosedived as the demand for the commodity decreased, and its stockpiles increased. However, a slight rise was observed towards the end of June as the market gained support from the plasticizer sector.

Analyst Insight

According to Procurement Resource, the price of Dioctyl phthalate is estimated to oscillate in the upcoming quarters, given the current pricing fundamentals and the uneven trend observed in demand from the plasticizer sector.

Procurement Resource provides latest prices of DOP (Dioctyl phthalate). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About DOP

In appearance, DOP or Dioctyl phthalate is a clear liquid with a mild odour. It is slightly less dense than water and immiscible in it. Its flash point is around 430°F. It is basically utilised in the production of a variety of plastics and coating products. It helps to keep plastics soft and flexible, for instance, it is utilised to produce plastics which are further used as medical tubing and blood storage bags, cables and wire, carpetback coating, etc.

DOP Product Details

Report Features Details
Product Name DOP (Dioctyl phthalate)
Industrial Uses Plastic and PVC resins, Rubber products, Solvent, Used as dielectric and hydraulic fluids, Building/construction materials , Electrical and electronic products, Fabric, textile, and leather products, Furniture and furnishings , Personal care products
Chemical Formula C24H38O4
Synonyms 117-84-0, Dioctyl phthalate, Di-n-octyl phthalate, Dioctyl benzene-1,2-dicarboxylate, Dinopol NOP
Molecular Weight 390.6 g/mol
Supplier Database Indo-Nippon Chemical Co., Ltd, SABIC, Acros Organics
Region/Countries Covered Asia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

DOP Production Process

  • Production of DOP (Dioctyl phthalate) via Esterification

DOP (Dioctyl phthalate) is prepared at atmospheric pressure or in a vacuum by heating an excess of n-octanol with phthalic anhydride using an esterification catalyst like sulphuric acid or p-toluenesulphonic acid. Thus, esterification of n-octanol with phthalic anhydride in the presence of a catalyst gives DOP.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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