Asia
During the second half of 2025, the Asian DOP market experienced a continuous decline. Oversupply and weak demand from PVC users kept pressure on prices. Production at several plants remained high, while raw materials like isooctanol and phthalic anhydride saw falling costs, reducing cost support. Construction activity slowed in many countries, making buyers cautious and limiting large purchases. India, China, and South Korea all followed this downtrend, as domestic demand remained soft and exports did not pick up significantly. Overall, Asian markets faced a bearish tone throughout the period.
Europe
In Europe, DOP prices were mostly stable to slightly soft. The market faced similar challenges as Asia, including weak demand from construction and automotive sectors. European producers dealt with competition from low cost imports from Turkey and Asia, which limited opportunities to raise prices. Some specialty plasticizers maintained stable demand, but overall buying was cautious. Many buyers focused on short-term procurement rather than stocking, keeping trading activity light.
North America
North American DOP prices were steadier compared to Asia and Europe. While construction demand was subdued, domestic production was balanced with consumption, helping prevent large price drops. Imports were affected by tariffs, giving local producers some support. Certain specialty grades used in wiring, data centres, and green energy projects saw consistent demand, helping stabilize overall prices despite soft conditions.