In July 2025, prices of Dibutyl Phthalate in India were largely stable, with a modest 0.2% change from Junee, balancing rising production costs against weak downstream demand. A sharp 10.1% increase in upstream n-butanol prices—driven by BPCL’s Kochi refinery outage and higher logistics costs—tightened supply conditions. Dibutyl Phthalate producers had no interruptions to their operations but unfortunately had trouble passing through their added costs to the customers since overall market sentiment was cautious. Demand across key sectors like construction and paints remained subdued due to monsoon disruptions. Some restocking emerged ahead of Q3 festivities, offering cautious optimism, though pricing remains sensitive to supply disruptions and broader economic pressures.
