Dioctyl Phthalate (dop) Price Trend and Forecast

UNSPC code: 12352100
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Weekly Update
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Historical Data Since 2015
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Forecast for 2026

dioctyl phthalate (dop) Price Trends by Country

cnChina
myMalaysia
usUnited States
inIndia
egEgypt
thThailand
krSouth Korea

Global dioctyl phthalate (dop) Spot Market Prices, Trend Analysis and Forecast

𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides price assessments for Dioctyl Phthalate across top trading regions:

Asia-Pacific

  • Dioctyl Phthalate Industrial grade (99.0% min purity) FOB Shanghai, China
  • Dioctyl Phthalate Industrial grade (99.5% min purity) FOB Busan, South Korea
  • Dioctyl Phthalate Industrial grade (99.6% min purity) FOB Klang, Malaysia
  • Dioctyl Phthalate Industrial grade (99.6% min purity) CIF JNPT (Malaysia), India
  • Dioctyl Phthalate Industrial grade (99.6% min purity) CIF Laem Chabang (Malaysia), Thailand
  • Dioctyl Phthalate Industrial grade (99.5% min purity) Ex-Bharuch, India


North America

  • Dioctyl Phthalate Industrial grade (99.5% min purity) CIF Houston (South Korea), USA


Middle East Asia & Africa

  • Dioctyl Phthalate Industrial grade (99.0% min purity) CIF Alexandria (China), Egypt


Note:
In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Dioctyl Phthalate Price Trend Q1 2026

During Q1 2026, the pricing of dioctyl phthalate on the world market continued to trend up, as the overall market has been stable to firm. Occasional supply chain disruptions and stable feedstocks (notably phthalic anhydride and n-octanol) provided some support to the upward pricing trend. Delays in shipments and hesitancy to purchase by downstream users also added pricing pressure.

Negotiations have been ongoing to prevent large market volumes from creating spikes in price; ongoing production levels and balanced inventory levels helped to prevent a general overheating of the market. The pricing of dioctyl phthalate in the world market increased significantly in March 2026 due to supply interruptions caused by the Iran–USA conflict, logistics disruptions resulting in tight supply and ultimately tighter pricing.

China: Dioctyl Phthalate Export prices FOB Shanghai, China, Grade- Industrial grade (99.0% min purity)

According to Price-Watch™ , in the quarter of 2025, the Dioctyl Phthalate price trend in India remains steady. There is no change from the previous quarter. This shows that the market is balanced. The supply and demand of Dioctyl Phthalate are equal. The Dioctyl Phthalate price in India stays the same throughout the quarter. This is because there are imports from Saudi Arabia.

Industries like textiles and pharmaceuticals are using Dioctyl Phthalate at a rate. In India, Dioctyl Phthalate prices in December 2025 are similar, to the month. The market is not very active. People are buying less because it’s the end of the year. This is why the price is not changing. The Dioctyl Phthalate market is calm. Dioctyl Phthalate prices are stable because of supply and steady demand.

South Korea: Dioctyl Phthalate Imported prices FOB Busan, South Korea, Grade- Industrial grade (99.5% min purity)

The Dioctyl Phthalate prices in South Korea is going up a bit in the first part of 2026. This is happening because there are problems with getting the materials needed to make Dioctyl Phthalate, like naphtha and phthalic anhydride and it is costing more to get them. The people who buy Dioctyl Phthalate in South Korea need it for construction and other things so they are buying it even though they think it will cost later.

The Dioctyl Phthalate trend in South Korea does not change but the market is strong because people are buying about the same amount from other countries and the cost of getting it to South Korea is about the same. In South Korea, Dioctyl Phthalate prices in March 2026 went up by 15 percent. This is because of the problems between Iran and the USA which made it very hard to get Dioctyl Phthalate.

There is not Dioctyl Phthalate available, and people really needed it so the price went up even more. The price of Dioctyl Phthalate is under a lot of pressure to keep going up. The Dioctyl Phthalate market in South Korea is feeling the effects of this shortage and high demand, for Dioctyl Phthalate.

Malaysia: Dioctyl Phthalate Imported prices FOB Klang, Malaysia, Grade- Industrial grade (99.6% min purity)

Dioctyl Phthalate prices in Malaysia experience a minor decline throughout the first quarter of 2026. This downward movement stems from a surplus in supply and consistent import levels, which, combined with moderate needs in the construction and feed sectors, maintain market stability. The Dioctyl Phthalate price in Malaysia benefits from reduced logistics expenses and softening costs for feedstocks like naphtha and phthalic anhydride.

While buyers maintain a careful approach to keep the market in equilibrium, the Dioctyl Phthalate price trend in Malaysia overall reflects a period of regular procurement and high availability. In Malaysia, Dioctyl Phthalate prices in March 2026 rise by 14% as the conflict between Iran and the USA triggers sudden supply shortages and logistical bottlenecks. This restricted availability, occurring alongside sustained demand, effectively reverses the earlier decline and pushes market valuations upward.

Thailand: Dioctyl Phthalate Imported prices CIF Laem Chabang (Malaysia), Thailand, Grade- Industrial grade (99.6% min purity)

In the first quarter of 2026, the Dioctyl Phthalate price in Thailand shows an overall upward movement, supported by firm import offers from Malaysia and tightening regional supply conditions. Malaysian suppliers maintain elevated FOB levels, while intermittent logistics disruptions continue to affect availability and extend delivery timelines. At the same time, fluctuations in feedstock costs, particularly 2-Ethylhexanol and Phthalic Anhydride, remain on the firmer side, increasing production costs and shaping pricing sentiment in the market.

Despite these factors, buyers maintain a cautious stance, relying on negotiations and limiting purchases where inventories remain sufficient. The Dioctyl Phthalate price trend in Thailand reflects mild fluctuations amid active trading conditions, as supply constraints and cost pressures influence market direction while demand remains measured.

In Thailand, Dioctyl Phthalate prices in March 2026 rise sharply by around 14%, driven by higher import offers amid tighter supply availability. This increase is further reinforced by logistics disruptions linked to the Iran-USA war, which restrict trade flows and intensify upward pressure on prices.

USA: Dioctyl Phthalate Imported prices CIF Houston (South Korea), USA, Grade- Industrial grade (99.5% min purity)

In Q1 2026, Dioctyl Phthalate prices in USA (importing from South Korea) displayed a mixed-to-firm trend, with a gradual upward bias supported by shifting market fundamentals. The increase was primarily driven by fluctuations in feedstock prices such as phthalic anhydride and 2-ethylhexanol, alongside intermittent logistics disruptions that tightened prompt availability.

While supply remained largely sufficient due to steady imports, cautious buying behavior persisted among downstream industries, particularly as buyers anticipated potential price increases and engaged in extended negotiations. The Dioctyl Phthalate price trend in USA reflected these dynamics, where firm upstream cost pressure and periodic supply-side constraints balanced against ample inventory levels. Active trading conditions and procurement cycles further contributed to moderate price fluctuations throughout the quarter.

In March 2026, Dioctyl Phthalate prices in USA rose sharply by 17%, driven by sudden supply tightness and significant disruptions linked to the Iran–USA conflict, which impacted global trade flows. The escalation led to logistical bottlenecks and reduced material availability, pushing prices upward amid heightened market uncertainty.

Egypt: Dioctyl Phthalate Imported prices CIF Alexandria (China), Egypt, Grade- Industrial grade (99.0% min purity)

Q1 2026 Dioctyl Phthalate prices in Egypt (importing from China) showed a steady upward trend due high import offers. The rise was mainly influenced by fluctuations in feedstock prices such as phthalic anhydride and 2-ethylhexanol, along with intermittent supply chain and logistics disruptions that affected import flows. Although overall availability remained adequate, buyers adopted a cautious approach, engaging in negotiations and limiting bulk purchases amid expectations of further price movements.

The Dioctyl Phthalate price trend in Egypt reflected a balanced market where firm upstream cost pressure and logistical constraints supported the upward momentum, while steady procurement activity maintained active trading conditions with mild fluctuations. In March 2026, Dioctyl Phthalate prices in Egypt surged by 17% due to sudden supply tightness and disruptions triggered by the Iran–USA conflict. The situation led to constrained availability and logistical challenges, sharply pushing prices upward amid heightened uncertainty.

India: Dioctyl Phthalate Imported prices Ex-Bharuch, India, Grade- Industrial grade (99.5% min purity)

Q1 2026 Dioctyl Phthalate prices in India (Ex-India) showed a generally downward trend, influenced by a combination of easing cost pressures and stable supply conditions. The decline was primarily driven by softening feedstock prices, particularly phthalic anhydride and 2-ethylhexanol, along with improved domestic availability and fewer supply chain disruptions. Additionally, smoother logistics and reduced transportation constraints contributed to comfortable inventory levels across the market.

Despite steady demand from the construction and feed sectors, buyers remained cautious, engaging in negotiations and limiting bulk procurement amid expectations of further price adjustments. The Dioctyl Phthalate price trend in India reflected these mixed dynamics, where ample supply and easing upstream costs outweighed periodic fluctuations, resulting in a stable yet slightly bearish market sentiment.

Consistent trading activity further maintained moderate movement within a controlled range. In March 2026, Dioctyl Phthalate prices in India surged by 26% due to sudden supply tightness and disruptions caused by the Iran–USA conflict. The escalation led to logistical constraints and reduced availability, sharply pushing prices upward amid heightened market uncertainty.

Dioctyl Phthalate (DOP) Price Trend Analysis: Q4 2025

Q4 2025 Dioctyl Phthalate prices in global market showed a declining trend, reflecting a relatively soft market environment across key regions. The downturn was mainly driven by easing feedstock costs, particularly phthalic anhydride and n-octanol, which reduced overall production expenses. In addition, improved logistics conditions and ample supply availability across major exporting countries ensured smooth material flow in the market.

Despite steady demand from downstream sectors, buyers remained cautious, opting for need-based procurement and engaging in extended negotiations amid expectations of further price corrections. The Dioctyl Phthalate price trend in global market highlighted these dynamics, where sufficient inventories and reduced upstream cost pressure outweighed intermittent supply chain disruptions, keeping the overall sentiment slightly bearish yet stable.

In December 2025 Dioctyl Phthalate prices in global market increased due to temporary supply tightness and firmer feedstock costs, particularly phthalic anhydride. Short-term logistics disruptions and restocking activity ahead of year-end further supported the upward movement in prices.

China: Dioctyl Phthalate Export prices FOB Shanghai, China, Grade- Industrial grade (99.0% min purity)

Dioctyl Phthalate prices in China follow a downward trajectory during the final quarter of 2025, signalling a soft market environment. This decline stems from softening feedstock expenses, specifically for 2-ethylhexanol and phthalic anhydride, which effectively lower production costs. Furthermore, the Dioctyl Phthalate price in China stays under pressure as high domestic production and efficient logistics ensure a consistent flow of materials.

Although downstream sectors maintain steady requirements, procurement remains strictly need-based as buyers anticipate further market corrections. The Dioctyl Phthalate price trend in China reflects a scenario where high inventory levels and diminished upstream costs offset minor supply chain hitches, sustaining a bearish yet stable sentiment.

In China, Dioctyl Phthalate prices in December 2025 increase by 3% because of localized supply tightness and a sudden rise in phthalic anhydride costs. Brief logistical bottlenecks and active year-end restocking efforts provide the necessary support for this short-term price appreciation.

South Korea: Dioctyl Phthalate Imported prices FOB Busan, South Korea, Grade- Industrial grade (99.5% min purity)

In Q4 2025, the Dioctyl Phthalate price in South Korea moves downward as the market carries a softer tone through the quarter. This decline mainly follows easing costs of key feedstocks such as phthalic anhydride and naphtha, which reduces pressure on producers. Domestic output stays steady and inventories remain comfortable, so supply stays sufficient in the market.

Demand from construction and feed sectors holds steady, but buyers continue with cautious, need-based purchases and maintain negotiations in expectation of further price adjustments. The Dioctyl Phthalate price trend in South Korea reflects a situation where improved logistics and lower upstream cost pressure outweigh occasional supply disruptions, leaving the overall sentiment slightly weak yet stable.

In South Korea, Dioctyl Phthalate prices in December 2025 remain stable as supply and demand stay balanced. Feedstock costs stay consistent and logistics conditions remain smooth, so price movement stays limited throughout the month.

Malaysia: Dioctyl Phthalate Imported prices FOB Klang, Malaysia, Grade- Industrial grade (99.6% min purity)

Q4 2025 Dioctyl Phthalate prices in Malaysia followed a downward trend, reflecting a softer market throughout the quarter. The decline was largely driven by easing feedstock costs, particularly phthalic anhydride and 2-ethylhexanol, which reduced production pressure. At the same time, ample supply in the domestic market and steady import flows ensured comfortable availability.

While demand from the construction and feed sectors remained consistent, buyers stayed cautious and focused on need-based purchasing, often engaging in negotiations in anticipation of further price corrections. The Dioctyl Phthalate price trend in Malaysia indicated that improved logistics conditions and sufficient inventory levels outweighed intermittent supply chain disruptions, keeping the overall sentiment slightly weak but stable.

In December 2025 Dioctyl Phthalate prices in Malaysia remained stable as balanced supply and demand-maintained market equilibrium. Steady feedstock costs and smooth logistics supported consistent pricing, with minimal fluctuations observed during the period.

India: Dioctyl Phthalate Imported prices CIF JNPT (Malaysia), India, Grade- Industrial grade (99.6% min purity)

In Q4 2025, Dioctyl Phthalate prices in India (imported from Malaysia) moved on a downward trend, mainly due to ample supply in the domestic market and cautious buying behaviour from downstream industries. Although there were intermittent logistics disruptions and some uncertainty in supply chains, the overall availability of material remained comfortable.

At the same time, easing feedstock costs, particularly for phthalic anhydride and naphtha, reduced production pressure and pulled prices lower. Ongoing negotiations between buyers and sellers further kept the market balanced, while the Dioctyl Phthalate price trend in India reflected a soft and slightly weak sentiment.

In December 2025, Dioctyl Phthalate prices in India edged up by 1%, supported by a brief pickup in demand and slightly firmer feedstock costs. The Dioctyl Phthalate price trend in India during this period reflected short-term restocking activity and tighter spot availability, which led to a mild upward adjustment.

Thailand: Dioctyl Phthalate Imported prices CIF Laem Chabang (Malaysia), Thailand, Grade- Industrial grade (99.6% min purity)

In Q4 2025, Dioctyl Phthalate prices in Thailand (importing from Malaysia) followed a declining trend, largely influenced by comfortable supply levels and cautious demand from downstream sectors. While there were occasional supply chain and logistics disruptions, their impact remained limited as steady import arrivals ensured adequate availability in the market.

At the same time, softer feedstock costs, particularly for 2-Ethylhexanol and Phthalic Anhydride, reduced production pressure and contributed to the downward movement in prices. Buyers remained careful with procurement, especially amid expectations of further corrections, which kept overall trading activity moderate. The Dioctyl Phthalate price trend in Thailand reflected a stable yet slightly weak market sentiment.

In December 2025, Dioctyl Phthalate prices in Thailand remained stable, supported by balanced demand and steady import supply. The Dioctyl Phthalate price trend in Thailand during this period reflected cautious buying and ongoing negotiations, which helped maintain price stability despite minor cost fluctuations.

USA: Dioctyl Phthalate Imported prices CIF Houston (South Korea), USA, Grade- Industrial grade (99.5% min purity)

In Q4 2025, Dioctyl Phthalate prices in USA (importing from South Korea) moved on a downward trend, mainly due to sufficient import availability and cautious demand from downstream industries. Even though there were some supply chain and logistics disruptions during the quarter, their overall impact remained limited as steady inflows kept the market well-supplied.

At the same time, easing feedstock costs, particularly for phthalic anhydride and 2-ethylhexanol, reduced cost pressure on producers and contributed to softer pricing. Buyers stayed cautious, especially amid expectations of possible price corrections, which slowed purchasing activity. The Dioctyl Phthalate price trend in USA reflected a balanced yet slightly weak market sentiment.

In December 2025, Dioctyl Phthalate prices in USA declined, supported by balanced supply and steady downstream demand. The Dioctyl Phthalate price trend in USA during this period reflected cautious buying and ongoing negotiations, which helped maintain price stability despite slight fluctuations in feedstock costs.

Egypt: Dioctyl Phthalate Imported prices CIF Alexandria (China), Egypt, Grade- Industrial grade (99.0% min purity)

In Q4 2025, Dioctyl Phthalate prices in Egypt (importing from China) witnessed a downward trend, largely driven by easing feedstock costs such as phthalic anhydride and 2-ethylhexanol, along with improved supply chain conditions and smoother logistics movements. Ample product availability from consistent imports further weighed on the market, while buyers remained cautious and focused on negotiations, limiting bulk procurement amid expectations of further price softening.

The Dioctyl Phthalate price trend in Egypt reflected a balanced yet slightly oversupplied market, where comfortable inventories and reduced upstream cost pressure continued to push prices lower despite steady downstream demand. In December 2025, Dioctyl Phthalate prices in Egypt remained stable, supported by balanced supply-demand dynamics and steady feedstock trends, while procurement activity stayed measured without significant fluctuations.

In the third quarter of 2025, the global Dioctyl Phthalate (DOP) market experienced a slight decrease in prices, down approximately 2-5% from the previous quarter. A decline in the costs of feedstock 2-ethylhexanol and phthalic anhydride, paired with weaker demand from key downstream sectors including PVC films, cables, and synthetic leather, led to prices moving softer.

Despite steady rates of production from key Asian and European facilities, continued high inventories and slow restocking by converters keep the general price sentiment softer. Looking to the upcoming quarter, steady prices for raw materials, alongside some gradual recovery in construction and packaging demand, will provide some moderate support to the Dioctyl Phthalate market in terms of prices.

China: Dioctyl Phthalate (DOP) Export prices FOB Shanghai, China, Grade- Industrial grade (99.0% min purity.

In the third quarter of 2025, Dioctyl Phthalate (DOP) price displayed a slight downward movement with DOP values in September 2025 between US$960-1050/MT based on FOB pricing.

The Dioctyl Phthalate (DOP) price trend in China was influenced by lower feedstock values for both 2-ethylhexanol and phthalic anhydride, as well as steady operating rates at the major production plants. In addition, weak demand from downstream PVC sectors, especially cable manufacturers, synthetic leather, and flexible film production, also contributed to negative sentiment.

South Korea: Dioctyl Phthalate (DOP) Export prices FOB Busan, South Korea, Grade- Industrial grade (99.5% min purity).

In Q3 2025, Dioctyl Phthalate (DOP) price in South Korea were steady to slightly firm, with September DOP prices quoted within a USD 1050–1150/MT range on a FOB South Korea basis. Dioctyl Phthalate price trend in South Korea were impacted by slightly increasing feedstock prices for 2-ethylhexanol and phthalic anhydride, coupled with stable domestic producer plant operating rates. Export demand from Southeast Asia remained stable during the quarter; however, limited activity in PVC and flexible plasticizers markets restrained significant upward momentum.

Malaysia: Dioctyl Phthalate (DOP) Export prices FOB Klang, Malaysia, Grade- Industrial grade (99.6% min purity).

Dioctyl Phthalate (DOP) prices in Malaysia experienced a minor decline in Q3 of 2025, with DOP prices in September 2025 seen hovering around USD 1000–1050/MT on an FOB Klang basis.

The Dioctyl Phthalate (DOP) price trend in Malaysia was influenced by minor shifts in feedstock 2-ethylhexanol and phthalic anhydride prices and stable run rates among regional producers. Demand from the downstream PVC and flexible plastic manufacturing sectors was soft, exerting slight downward pressure on overall market sentiment.

USA: Dioctyl Phthalate (DOP) import prices CIF Houston, USA, Grade- Industrial grade (99.5% min purity).

In Q3 of 2025, Dioctyl Phthalate (DOP) prices declined slightly in the USA, with Dioctyl Phthalate prices in September 2025 reported ranging from USD 1200–1350/MT, CIF USA. The DOP price trend in the USA was mainly impacted by varying feedstock costs for 2-ethylhexanol and phthalic anhydride, along with steady production rates not adjusting in large domestic capacity facilities.

Demand from downstream PVC compounding and flexible plastics remained relatively weak as procurement activity was still taking place cautiously. Somewhat stable export flows and relative inventory ratios helped support the Dioctyl Phthalate market from continued declines.

India: Dioctyl Phthalate import prices CIF JNPT, India, Grade- Industrial grade (99.6% min purity).

According to Price-Watch, in Q3 2025, Dioctyl Phthalate (DOP) price trend in India showed a minor downward trend, with Dioctyl Phthalate prices noted between USD 1050–1150/MT CIF India in September 2025. The Dioctyl Phthalate price trend in India is attributed to soft import offers from key suppliers in Asia, notably Malaysia, in addition to modest changes in freight rates.

Demand from downstream PVC and plasticizer producers was stable yet conservative, as converters processed production based on existing inventory levels. On the domestic front, DOP prices declined modestly around 1–2% during Q3 in the context of muted consumption and steady inventory levels.

Egypt: Dioctyl Phthalate (DOP) import prices CIF Alexandria, Grade- Industrial grade (99.0% min purity).

In the third quarter of 2025, Dioctyl Phthalate (DOP) prices in Egypt exhibited a slight decrease, with DOP prices in September 2025 assessed between USD 1050–1150/MT on a CIF Egypt basis.

The price behavior of DOP in Egypt was primarily influenced by the softening FOB China market characterized by lower phthalic anhydride feedstock values paired with steady production rates for plasticizers resulting in a moderate export offer. Import demand in Egypt continued to be lackadaisical, as the demand for PVC and cable manufacturers was steady yet subdued in downstream manufacturing capacity.

Thailand: Dioctyl Phthalate (DOP) import prices CIF Laem Chabang, Grade- Industrial grade (99.6% min purity).

In the third quarter of 2025, Dioctyl Phthalate (DOP) prices experienced a slight decline in Thailand, with prices in September 2025 quoted in the range of USD 1000–1100/MT on a CIF Thailand price basis.

The Dioctyl Phthalate (DOP) price trend in Thailand closely mimicked the price trend in the FOB Malaysia market, given consistent feedstock phthalic anhydride prices and slow production rates somewhat influenced export offers. The import market in Thailand was relatively stable, but downstream demand from PVC compounding and flexible plastic markets was weaker.

In Q2 2025, Dioctyl Phthalate prices recorded a slight decline of 1.69%, falling to USD 1048 per metric ton. This softening was primarily driven by weak demand from downstream industries such as flexible PVC, synthetic leather, and cable manufacturing, which continued to operate at limited capacities. Although feedstock prices for phthalic anhydride and 2-ethylhexanol remained largely stable, they provided little upward pressure on finished product values.

Export interest remained flat, with most regional buyers adopting a cautious procurement strategy in light of oversupplied inventories and subdued consumption. Additionally, increased competition among domestic producers led to aggressive pricing to maintain market share, further weighing down the market.

Overall, the Chinese DOP market in Q2 was shaped by soft demand fundamentals, steady raw material costs, and a generally bearish outlook from both domestic and overseas buyers. 

In Q2 2025, according to PriceWatch, Dioctyl Phthalate prices in India showed a declining trend, with CIF import prices from Malaysia dropping by 5.99% to USD 1130 per metric ton, and Ex domestic prices marginally decreasing by 0.56% to USD 1420 per metric ton. The sharper decline in imported material was largely driven by reduced offers from Malaysian exporters amid global price corrections and weak regional demand.

Indian buyers showed resistance to high inventory accumulation, especially in sectors like wire & cable, flooring, and plasticizers, which continued to face lackluster demand. This led to restrained spot buying and competitive price negotiations.

Meanwhile, domestic Ex-Depot prices remained more resilient due to inventory carrying costs and regional distribution expenses, though still reflecting overall bearish market conditions. With no significant feedstock cost movements and limited downstream recovery, the Indian DOP market in Q2 reflected a cautious and supply-heavy environment, characterized by price corrections and conservative purchasing activity. 

DOP prices continued their downward trajectory in Q1 2025, falling by 8.65% to USD 1066/MT. The drop was largely a result of subdued industrial activity following the Spring Festival, which led to a temporary lull in demand from major end-use sectors like flexible PVC, artificial leather, and adhesives. Additionally, ongoing cost pressure from weak upstream markets and limited export interest added to the bearish tone.

Many buyers remained hesitant, adopting a wait-and-see approach amid uncertainty in both domestic policy and global trade. Despite some signs of recovery in the broader chemical sector, the DOP market remained oversupplied and under pressure. 

Dioctyl Phthalate (DOP) prices corrected further in Q1 2025, with India Ex-Works prices falling by 7.15% to USD 1428/MT, and CIF Malaysia rates declining by 2.59% to USD 1202/MT. This price drop followed a sustained bearish trend, driven by soft post-festival demand and reduced industrial output during the financial year-end. Holi celebrations and state elections also caused intermittent shutdowns across regions, dampening consumption.

At the same time, the global supply chain remained stable, and feedstock prices remained subdued, enabling importers to maintain low CIF values. With limited spot buying and no urgency to replenish stocks, both imported and domestic prices faced further pressure in early 2025. 

Dioctyl Phthalate (DOP) Price Trend Analysis: Q4 2024

In Q4 2024, Dioctyl Phthalate (DOP) prices dipped by another 2.42%, settling at USD 1167/MT. The decline was driven by seasonal demand slowdowns, with many downstream buyers opting to delay purchases or operate at reduced capacities ahead of the year-end. Additionally, feedstock prices remained soft, allowing producers to cut prices without eroding margins.

The construction sector continued to face headwinds, and limited infrastructure activity further constrained demand for plasticizers. Meanwhile, some producers reduced run rates to prevent oversupply, but the impact was not sufficient to shift market dynamics, keeping the sentiment cautiously bearish. 

DOP prices continued to decline in Q4 2024, with Ex-Works prices falling by 5.59% to USD 1538/MT and CIF Malaysia prices dropping sharply by 10.77% to USD 1234/MT. The sharp dip in import prices was largely attributed to excess exportable supply from Southeast Asian producers, particularly Malaysia, coupled with easing freight rates. In India, demand was weak as the year-end slowdown and festive holidays also reduced the industrial activity.

Downstream converters also refrained from bulk purchases, preferring to deplete existing inventories. Domestic producers had to adjust pricing strategies to compete with low-cost imports, resulting in continued downward pressure. 

Prices declined again by 6.42% in Q3 2024, reaching USD 1196/MT. The persistent downward movement was attributed to continued weak consumption from the PVC flooring and cable insulation sectors, despite the typically stronger summer demand season. High inventory levels and increased market competition led producers to offer lower prices to secure contracts.

Although upstream prices showed brief signs of stabilization, they remained insufficient to support a price rebound. Export volumes also struggled due to pricing disadvantages in overseas markets, reflecting a broadly bearish sentiment across the industry. 

In Q3 2024, prices dropped further, with India Ex-Works falling by 10.10% to USD 1629/MT and CIF Malaysia values declining by 4.02% to USD 1383/MT. The monsoon season, which typically slows construction and related industries, significantly curtailed DOP demand. High inventories and persistent price competition from Malaysian imports forced domestic suppliers to reduce prices.

Furthermore, demand from the footwear and automotive interiors sectors remained sluggish due to consumer spending cuts. While feedstock availability was not a constraint, weak downstream activity across industries and aggressive import pricing drove a deeper correction in the domestic market. 

In Q2 2024, Dioctyl Phthalate (DOP) prices experienced a sharp decline of 14.80%, falling to USD 1278/MT. The substantial drop was mainly driven by a significant fall in upstream costs, particularly phthalic anhydride, amid oversupply and weak crude oil benchmarks.

Domestic demand was underwhelming as the construction sector, a major consumer of DOP-based plasticizers, slowed down due to macroeconomic constraints and tighter credit conditions in the real estate industry.

Additionally, competition from low-cost imports intensified pricing pressure, and high inventories from Q1 further dampened buying interest. The combination of soft demand and bearish feedstock trends created a highly pressured market environment. 

DOP prices corrected in Q2 2024, with Ex-Works values dropping by 5.38% to USD 1812/MT, and CIF Malaysia rates declining by 7.03% to USD 1441/MT. The price retreat was driven by improved regional supply as Malaysian producers resumed normal operations, easing tightness in the import market. Simultaneously, domestic demand was weaker than anticipated, particularly from the real estate and auto-related segments, amid rising concerns about inflation and subdued project launches.

Feedstock costs eased slightly, contributing to the correction. Importers remained cautious in placing forward orders due to price volatility and global economic concerns, pressuring both domestic and imported price points. 

Dioctyl Phthalate (DOP)prices edged up slightly by 0.54% in Q1 2024, settling at USD 1500/MT. This marginal increase was supported by steady demand recovery post-Chinese New Year, as industrial operations resumed, and downstream sectors began restocking. However, price gains were capped due to lacklustre export demand and stable feedstock costs.

Many buyers remained on the sidelines, anticipating clearer direction from global markets. Production rates stayed healthy, and while inventory levels were comfortable, the slight uptick reflected improved sentiment and a modest pickup in procurement activity, especially from the wire and cable manufacturing industries. 

In Q1 2024, DOP prices strengthened across the Indian market, with Ex-Works prices rising by 8.44% to USD 1915/MT and CIF Malaysia imports increasing by 8.01% to USD 1550/MT. This bullish trend was driven by post-holiday restocking and improved demand from end-user industries resuming full operations after the New Year and Lunar New Year holidays.

Additionally, production outages and turnarounds at regional DOP plants in Southeast Asia temporarily tightened supply, pushing CIF values higher. The domestic market saw strong procurement activity, particularly from the flexible PVC segment, while elevated feedstock costs (especially phthalic anhydride) contributed to the cost-push pressure. 

Technical Specifications of Dioctyl Phthalate (dop) Price Trends

Product Description:

Dioctyl Phthalate (DOP), a colorless, oily liquid synthesized from phthalic anhydride and 2-ethylhexanol (both petroleum-derived), serves as a widely used plasticizer in the production of polyvinyl chloride (PVC) products. DOP enhances the flexibility, durability, and processability of PVC, making it suitable for a broad range of applications.

Identifiers and Classification:

  • CAS No – 117-81-7
  • HS Code – 29173920
  • Molecular Formula – C24H38O4
  • Molecular Weight[g/mol] – 390.5561


Dioctyl Phthalate Synonyms:

  • Di(2-ethylhexyl) phthalate (DEHP)
  • Bis(2-ethylhexyl) phthalate
  • Di-2-ethylhexyl benzene-1,2-dicarboxylate
  • Phthalic acid, bis(2-ethylhexyl) ester


Dioctyl Phthalate Grades Specific Price Assessment:

  • Industrial grade (99.5% min purity
  • Industrial grade (99.6% min purity)
  • Industrial grade (99% min purity)


Dioctyl Phthalate (DOP) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT, 10-15 MT
  • Packaging Type (Product & Country Specific): ISO Tank, 220 kg Drums


Incoterms Referenced in Dioctyl Phthalate Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  Dioctyl Phthalate Export price from China 
FOB Busan  Busan, South Korea  Dioctyl Phthalate Export price from South Korea 
FOB Klang  Klang, Malaysia  Dioctyl Phthalate Export price from Malaysia 
CIF Houston (South Korea)  Houston, USA  Dioctyl Phthalate import price in USA from South Korea 
CIF JNPT (Malaysia)  Mumbai, India  Dioctyl Phthalate import price in India from Malaysia 
CIF Alexandria (China)  Alexandria, Egypt  Dioctyl Phthalate import price in Egypt from China 
CIF Laem Chabang (Malaysia)  Laem Chabang, Thailand  Dioctyl Phthalate import price in Thailand from Malaysia 
Ex-Bharuch  Bharuch, India  Domestically Traded DOP price in Bharuch 

*Quotation Terms refers to the quantity range specified for the DOP being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for DOP packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key Dioctyl Phthalate Manufacturers

  • UPC Chemical Malaysia Sdn Bhd
  • LG Chem
  • Qingdao Langhui Chemical Technology Co., Ltd.
  • Shandong Shengfeng Chemical Industry Co., Ltd. 
  • Xiamen Baixu Chemical Industry Co., Ltd. 

Dioctyl Phthalate (dop) Industrial Applications

dioctyl phthalate market share end use

Historically, several events have caused significant fluctuations in Dioctyl Phthalate (dop) prices

  • Environmental and Sustainability Push (2024-Present)

Impact: Growing environmental concerns have led to increased scrutiny on the use of phthalates like DOP, with some countries implementing stricter regulations or moving toward alternative plasticizers. This shift has created periodic disruptions in demand and price changes as the industry adjusts. 

  • Ukraine-Russia War and Energy Crisis (2022) 

Impact: The war in Ukraine caused energy prices, particularly natural gas, to skyrocket in Europe, affecting global petrochemical supply chains. APAC, while not directly dependent on Russian energy, felt the ripple effects of the energy crisis, leading to increased production costs and a rise in DOP prices. 

  • Supply Chain Disruptions and Shipping Costs (2021) 

Impact: Post-pandemic recovery led to global shipping bottlenecks, increasing logistics costs. This, combined with high demand for raw materials, drove up DOP prices. Shortages of key raw materials like 2-ethylhexanol, used in DOP production, added to the price increases. 

  • COVID-19 Pandemic (2020) 

Impact: The pandemic disrupted global supply chains and caused a significant drop in demand for industrial products, including those using DOP. Lockdowns and production halts across APAC reduced both supply and demand, leading to price volatility. In the early phase of the pandemic, prices fell due to low demand, but later recovered as economies reopened and demand surged. 

  • US-China Trade War (2018-2019) 

Impact: The trade conflict between the US and China introduced uncertainty into global markets, particularly in industries like chemicals and plastics. Tariffs and supply chain disruptions contributed to fluctuations in the price of DOP as demand weakened in certain sectors. 

  • Chinese Environmental Regulations (2017-2018) 

Impact: China, a major producer and consumer of DOP, imposed stringent environmental regulations as part of its efforts to combat pollution. This led to plant closures and reduced output in the chemicals industry, creating supply shortages that pushed up DOP prices in the APAC region. 

  • Fluctuations in Crude Oil Prices (2014-2016) 

DOP prices are closely linked to the price of crude oil since petrochemical derivatives are used in its production. The sharp drop in oil prices in 2014-2016 due to oversupply and the US shale boom led to a reduction in the cost of raw materials, bringing down DOP prices during this period.

 

These events underscore the DOP market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global dioctyl phthalate (dop) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the dioctyl phthalate (dop) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence dioctyl phthalate (dop) prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely dioctyl phthalate (dop) market data.

Track Price Watch's™ dioctyl phthalate (dop) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Dioctyl Phthalate (dop) Market Price Trend published by 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ assumes no liability for decisions taken based on this information.

Since Dioctyl Phthalate (DOP) is derived from petrochemical feedstocks like Phthalic Anhydride and 2-ethylhexanol, fluctuations in crude oil prices have a direct impact on its production costs. Any significant rise in oil prices leads to higher feedstock costs, which in turn drives up DOP prices. Conversely, a decline in oil prices can contribute to lower production costs and price reductions. Procurement professionals should monitor oil price trends as an indicator of potential DOP price shifts.

Stringent environmental regulations concerning phthalates, particularly in regions like the EU and North America, have led to increased scrutiny and potential restrictions on DOP use in certain applications. This regulatory landscape can influence production costs, market demand, and even supply chain dynamics as manufacturers look for alternative plasticizers. Companies relying on DOP should stay updated on regulatory changes and evaluate alternative sourcing or substitution strategies if necessary.

Supply chain disruptions, such as port congestion, raw material shortages, or geopolitical instability, can lead to delays in production and distribution, pushing DOP prices higher. Additionally, fluctuations in freight costs and transportation availability further contribute to market instability. To minimize risks, procurement teams should consider diversifying suppliers, securing long-term contracts, or maintaining safety stock to navigate supply chain uncertainties.

Dioctyl Phthalate (DOP) is a widely used plasticizer produced from phthalic anhydride and 2-ethylhexanol. It is a clear, oily liquid primarily utilized to enhance the flexibility, durability, and workability of polyvinyl chloride (PVC) products. Key downstream industries include construction, automotive, cables and wires, flooring, and synthetic leather, where DOP plays a vital role in improving material performance. Due to its extensive application in PVC processing and related manufacturing sectors, the cost of Dioctyl Phthalate is a crucial factor for producers across various global industries, influencing production economics and pricing strategies. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks these prices to help businesses and consumers understand and stay updated with market trends.

Prices for Dioctyl Phthalate differ by location. Prices vary according to supply, demand, feedstock costs, and energy prices and are usually expressed per metric ton. To assist buyers and sellers in making well-informed decisions, 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Prices for Dioctyl Phthalate fluctuate mainly due to changes in the cost of key feedstocks, particularly phthalic anhydride and 2-ethylhexanol, along with variations in crude oil and energy prices that directly impact overall production expenses. Market dynamics are also shaped by production rates and demand from major end-use sectors such as construction, automotive, cables, and flexible PVC applications. In addition, the balance between supply and demand, plant operating rates, capacity expansions or shutdowns, and transportation and logistics costs play a significant role in determining pricing trends. Trade flows, import-export activities, and seasonal demand patterns, especially linked to construction and manufacturing cycles—further influence the market. Recent trends have been driven by shifts in feedstock availability, evolving downstream demand, and changing supply conditions across key producing and consuming regions.

The construction and PVC processing industries are the largest consumers of Dioctyl Phthalate, where it is widely used as a plasticizer to improve flexibility and durability in products such as cables, flooring, pipes, and synthetic leather. The automotive and electrical sectors also contribute significantly to demand due to its application in wire insulation, interior components, and coatings. Additional demand comes from industries such as packaging, footwear, and adhesives, where flexibility and performance enhancement are essential. Chemical and specialty manufacturers further utilize Dioctyl Phthalate in various formulations requiring improved material properties. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ analyses demand patterns across all these industries.

Dioctyl Phthalate (DOP) is primarily produced through the esterification of phthalic anhydride with 2-ethylhexanol in the presence of an acid catalyst. This reaction forms Dioctyl Phthalate along with water as a byproduct, after which the product is purified through distillation to achieve the desired quality. Production is typically carried out in integrated petrochemical complexes or dedicated plasticizer manufacturing facilities, depending on feedstock availability and downstream demand. Manufacturers in key regions focus on maintaining efficient production processes to ensure consistent supply for PVC and related industries.

Production capacity, regional demand-supply balances, and feedstock availability—particularly phthalic anhydride and 2-ethylhexanol—are the key factors influencing the trade of Dioctyl Phthalate. Asia, especially China, remains a major export hub due to its large-scale production base, while other regions in Asia and parts of the Middle East also participate in global trade depending on domestic demand and surplus volumes. Europe and North America largely rely on a mix of domestic production and imports to meet requirements. Export volumes are influenced by plant operating rates, capacity additions or shutdowns, production economics, logistics and freight costs, and downstream demand from PVC-related industries such as construction, automotive, and cables 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Although regional shortages may arise from plant shutdowns, feedstock limitations (especially those related to the availability of formic acid), transportation bottlenecks, or abrupt increases in demand from the construction and feed sectors, supply usually corresponds with demand. Market availability may be momentarily tightened by maintenance turnarounds at production facilities. Pricing pressures may also result from changes in the economics of manufacturing and the supply of raw materials upstream. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Prices for Dioctyl Phthalate vary by grade depending on application requirements, purity levels, and performance specifications. General-purpose grades are widely used in PVC products such as cables, flooring, and synthetic leather, while higher-purity or specialty grades are preferred in applications requiring better consistency and lower impurities. These premium grades typically command higher prices due to stricter quality standards and enhanced performance characteristics. Additionally, variations in packaging, handling, and storage conditions can also influence overall costs. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides separate price assessments for each grade to ensure market transparency.

Prices of Dioctyl Phthalate typically rise when demand strengthens, especially from key downstream sectors such as construction, automotive, and flexible PVC applications. During such periods, spot buyers may face limited availability, longer lead times, or firmer offers, while suppliers often prioritize long-term contract customers. Feedstock availability—particularly phthalic anhydride and 2-ethylhexanol—along with overall plant operating rates can also restrict production flexibility and support upward price movement. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ captures these market dynamics in real-time.

Energy is a significant cost component in the production of Dioctyl Phthalate. As a result, increases in natural gas, electricity, or steam costs are often passed on by producers, leading to higher product prices. Upstream energy and petrochemical market movements also influence feedstock costs, particularly for phthalic anhydride and 2-ethylhexanol. Consequently, regions with lower energy costs and better access to raw materials tend to have more competitive pricing. This is why prices in regions with cheaper energy and integrated petrochemical feedstocks tend to be lower, a correlation that 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ analyses in its price assessments & market reports.

The availability and cost of feedstock, energy prices, transportation and logistics costs, import/export dynamics, the state of the acetone market, and the strength of regional derivative demand all affect Dioctyl Phthalate prices by region. Prices are often lower in areas with integrated petrochemical complexes and favorable feedstock economics than in areas with limited local production or greater logistical expenses. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ tracks prices across all major regions to highlight these differences.

The future of the Dioctyl Phthalate market depends on several key factors, including energy prices, production capacity expansions and plant turnarounds, feedstock pricing trends—particularly for phthalic anhydride and 2-ethylhexanol—and demand growth in major end-use industries such as construction, automotive, and flexible PVC applications. Regional supply-demand balances, trade flows, seasonal trends in construction activity, and logistics costs also play an important role. In addition, broader macroeconomic conditions influencing manufacturing and industrial output will continue to shape the overall market direction 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Absolutely. Accurate forecasting allows you to time your purchases better, negotiate contracts more effectively, and budget more accurately. If 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ forecasts predict a price increase in three months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Events that disrupt the production and logistics of Dioctyl Phthalate—such as natural disasters, trade disputes, industrial accidents, feedstock supply interruptions, or economic slowdowns—can lead to supply tightness and price volatility. Market dynamics are also influenced by shifts in demand from key sectors like construction, automotive, and flexible PVC applications, along with transportation constraints, plant shutdowns, or force majeure declarations at major production facilities. Disruptions in the availability of key feedstocks, particularly phthalic anhydride and 2-ethylhexanol, can further impact pricing. In addition, global events such as pandemics or trade-related disruptions may affect supply chains and increase overall market uncertainty. 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ provides timely alerts when such events affect the market.

𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the DOP industry.