For the Quarter Ending June 2025
Europe
• The Diisononyl Phthalate (DINP) Price Index in Europe witnessed considerable fluctuations throughout Q2 2025, shaped by volatile demand dynamics in the PVC sector and varying import cost pressures. Prices of Diisononyl Phthalate hovered around 1440 USD/MT during May 2025.
• In April, the Diisononyl Phthalate (DINP) Spot Price in Italy declined by 2.5% amid soft downstream demand and low-cost imports, primarily from Asia. However, May brought a rebound with a 5.9% increase in the Price Index, driven by higher import costs and slight improvement in construction-related PVC activity.
• June saw a significant correction, with the Price Index dropping by approximately 8.6%, highlighting ongoing volatility in the Diisononyl Phthalate (DINP) Demand Outlook.
• In July 2025, the Diisononyl Phthalate (DINP) Price Index remained under pressure in Europe, continuing its downward trajectory from June. The key reason behind this price decline was the persistently sluggish PVC production, particularly within commercial construction and flooring applications.
• Demand remained tepid, and market participants reported limited fresh procurement due to existing inventory. Although Diisononyl Phthalate (DINP) Production Cost Trend showed relative stability, oversupplied conditions and weaker offtake weighed heavily on the market.
• The Diisononyl Phthalate (DINP) supply in Europe remained adequate throughout the quarter. Imports flowed steadily, with no major logistical bottlenecks. The Euro’s relative strength supported competitive overseas procurement.
• On the demand side, the Diisononyl Phthalate (DINP) Demand Outlook remained weak across Q2, with only a modest lift in May tied to improved consumer and business sentiment. However, by July, construction-related PVC demand faltered again due to weak housing starts and a muted industrial recovery.
Asia-Pacific (APAC)
• The Diisononyl Phthalate (DINP) Price Index in the APAC region displayed a fluctuating pattern in Q2 and early Q3. The market was influenced by mixed cost trends for feedstocks such as phthalic anhydride and varying levels of downstream demand, particularly from China, South Korea, and Southeast Asian PVC markets.
• In July, the Diisononyl Phthalate (DINP) Price Index in APAC experienced marginal weakness, mainly due to inventory accumulation and reduced export inquiries. Regional buyers maintained a cautious approach, especially with declining margins in flexible PVC manufacturing.
• Lower-than-expected monomer costs in China and a slowdown in regional export growth played a major role in pulling prices down.
• Supply conditions remained stable across major APAC hubs, with producers maintaining consistent output. However, downstream processors refrained from aggressive procurement due to the uncertain Diisononyl Phthalate (DINP) Demand Outlook.
• The Diisononyl Phthalate (DINP) Production Cost Trend stayed relatively soft, yet abundant stock levels added bearish pressure to pricing.
North America
• The Diisononyl Phthalate (DINP) Price Index in North America exhibited mild volatility in Q2, driven by inconsistent demand from PVC compounders and changing feedstock scenarios. Macro-level economic uncertainties, including construction slowdowns and high interest rates, further complicated pricing dynamics.
• The Price Index in July 2025 declined slightly in the North American market. This downward movement was primarily attributed to weak seasonal demand, a slowdown in housing and automotive sectors, and excess availability.
• The Diisononyl Phthalate (DINP) Spot Price softened as converters operated with lean inventories.
• Supply across the U.S. remained sufficient with no reported disruptions. Domestic production continued at moderate rates, while import volumes remained steady.
• On the demand side, the Diisononyl Phthalate (DINP) Demand Outlook in North America remained subdued, particularly in flooring, automotive interiors, and flexible packaging applications. Despite some marginal recovery in consumer spending, it was insufficient to offset the general market weakness.
For the Quarter Ending March 2025
North America
In Q1 2025, the North American Diisononyl Phthalate (DINP) market experienced price fluctuations, influenced by sectoral demands and economic conditions. January saw a modest price increase due to steady demand from the construction sector, driven by the use of DINP in PVC applications. However, February witnessed a slight dip as the automotive industry faced challenges, with companies experiencing market pressures. March brought renewed price pressures, driven by rising raw material costs and supply chain disruptions.
The construction sector's performance notably impacted DINP demand. The increasing need for DINP in PVC products for construction applications contributed to market growth. However, the automotive industry faced challenges, with production slowdowns impacting demand for DINP derivatives used in manufacturing processes.
Overall, North America's DINP market in Q1 2025 was shaped by a recovering construction sector and a struggling automotive industry, leading to a nuanced pricing landscape influenced by varying sectoral demands and economic factors.
Asia
In Q1 2025, the Asian DINP market experienced moderate price fluctuations, influenced by sectoral demands and economic conditions. January saw stable prices due to balanced supply and demand, even as economic factors slowed the construction and automotive sectors. High interest rates and reduced trade activity tempered demand, keeping commodity prices steady. China’s cautious market approach, combined with ample inventory levels, limited price fluctuations despite attempts to curb production and stabilize margins. However, competition from imports prevented any significant price increases, maintaining a steady market landscape.
The construction sector's performance notably impacted DINP demand. The increasing use of DINP in PVC products for construction applications contributed to market growth. However, the automotive sector faced challenges, with production slowdowns impacting demand for DINP derivatives used in manufacturing processes.
Overall, Asia's DINP market in Q1 2025 was shaped by stable demand in key sectors, balanced supply, and cautious economic sentiment, leading to a nuanced pricing landscape.
Europe
In Q1 2025, the European DINP market experienced price fluctuations, influenced by sectoral demands and economic conditions. January saw a modest price increase due to steady demand from the construction sector, driven by the use of DINP in PVC applications. However, February witnessed a slight dip as the automotive industry faced challenges, with companies experiencing market pressures. March brought renewed price pressures, driven by rising raw material costs and supply chain disruptions.
The construction sector's performance notably impacted DINP demand. The increasing need for DINP in PVC products for construction applications contributed to market growth. However, the automotive industry faced challenges, with production slowdowns impacting demand for DINP derivatives used in manufacturing processes.
Overall, Europe's DINP market in Q1 2025 was shaped by a recovering construction sector and a struggling automotive industry, leading to a nuanced pricing landscape influenced by varying sectoral demands and economic factors.
For the Quarter Ending December 2024
North America
The Q4 2024 market for Diisononyl Phthalate (DINP) in North America displayed a mixed trend, driven by fluctuating demand and supply factors. Early in the quarter, DINP prices experienced softness due to subdued demand from key downstream sectors, including construction and automotive. Ongoing economic challenges in the region, including moderate consumer spending and slowing industrial activity, restrained the consumption of PVC-based products where DINP is a primary plasticizer.
However, as the quarter progressed, seasonal factors and a recovery in specific sectors such as residential construction and consumer goods contributed to a partial rebound in demand. Increased infrastructure investments in select regions and pre-holiday production surges in consumer goods also supported the market. Despite these gains, industrial activity remained uneven, leading to localized price stabilization rather than broad increases.
On the supply side, stable raw material costs and uninterrupted production at key manufacturing facilities ensured consistent DINP availability. However, sporadic supply chain disruptions, including transportation delays, occasionally constrained distribution, creating regional price variations. Competitive pressures among manufacturers further added to price stabilization, leading to an overall balanced market performance by the end of the quarter.
APAC
In Q4 2024, the APAC market for Diisononyl Phthalate (DINP) exhibited a mixed price trend, shaped by fluctuating demand dynamics and evolving supply conditions. Early in the quarter, prices experienced downward pressure due to subdued demand from key downstream industries, including construction, automotive, and consumer goods. Economic uncertainties in the region and a slower pace of infrastructure development constrained demand for PVC, where DINP serves as a critical plasticizer. Additionally, reduced industrial activity in some APAC nations contributed to a sluggish start.
However, as the quarter progressed, seasonal demand fluctuations and improved economic conditions in select countries began to influence the market positively. Increased activity in downstream PVC production for construction and consumer goods during the pre-holiday period supported a modest price recovery. Applications in flooring, wall coverings, and coated fabrics also showed incremental growth, driven by regional infrastructure and real estate projects.
On the supply side, raw material price volatility and production constraints in some facilities caused intermittent supply tightness, providing additional support for price stabilization. Despite competitive pressures, the DINP market closed the quarter with marginal gains, reflecting a cautiously optimistic outlook for early 2025.
Europe
The European market for Diisononyl Phthalate (DINP) experienced a mixed price trend in Q4 2024, characterized by an initial decline followed by a gradual recovery. Early in the quarter, DINP prices in Italy declined sharply, driven by weak demand from key downstream industries such as construction, automotive, and consumer goods. The sluggish economic performance in Italy, coupled with falling industrial output and subdued construction activity, weighed heavily on DINP demand. In the automotive sector, declining sales of passenger vehicles and reduced production of hybrid and electric vehicles further suppressed the need for DINP in interior materials and cables. Weak global demand, particularly from the APAC region, compounded the bearish sentiment, resulting in lower raw material costs and reduced import prices.
However, as the quarter progressed, signs of stabilization emerged. Easing gas prices and improved industrial production in Europe supported a modest recovery in demand from downstream sectors. In construction, incremental growth in residential projects and pre-holiday consumer activity bolstered demand for flexible PVC applications, where DINP plays a critical role. Despite persistent challenges, the European DINP market closed the quarter on a slightly positive note, reflecting cautious optimism for the coming year.
For the Quarter Ending September 2024
North America
In Q3 2024, the Diisononyl Phthalate (DINP) market in North America experienced a mixed trend, influenced by several interconnected factors. High feedstock costs significantly impacted market dynamics, while demand from PVC production showed marked weakness. Ongoing supply chain disruptions resulting from plant shutdowns further exacerbated the situation particularly by Hurricane, creating a challenging environment for producers. Seasonal fluctuations in demand also played a crucial role in shaping the overall market landscape, complicating the recovery efforts for industry participants. Additionally, rising freight charges added to the financial strain faced by suppliers and manufacturers.
In the United States, which is a key player in the North American DINP market, the negative trends observed were reflective of the broader regional sentiment. The combination of high production capacities and lower demand resulted in heightened inventory levels, contributing to market volatility. The correlation between price changes and seasonal variations became increasingly pronounced as the quarter progressed, highlighting the ongoing difficulties that stakeholders encountered. As demand continued to wane, producers faced challenges in managing their operations efficiently, leading to a more cautious market approach.
Overall, the market environment for Diisononyl Phthalate in North America during Q3 2024 was characterized by a persistent downward trend, underscoring the numerous challenges faced by the industry. Supply chain disruptions, elevated logistics costs, and weakened demand coalesced to create a daunting landscape for producers and consumers alike. As stakeholders adapted to these ongoing challenges, the outlook for the DINP market remained cautious, emphasizing the need for strategic adjustments to navigate the complexities of the current market environment.
APAC
In Q3 2024, the Diisononyl Phthalate (DINP) market in the APAC region experienced a significant downturn, with South Korea witnessing the most pronounced changes. Several key factors contributed to this decline. High feedstock costs exerted pressure on the market, while demand from PVC production weakened considerably. Additionally, ongoing supply chain disruptions caused by plant shutdowns further complicated the situation. Seasonal demand fluctuations also played a critical role in shaping market dynamics, creating additional challenges for industry stakeholders. Furthermore, elevated freight charges added to the cost burden, exacerbating the difficulties faced by producers and importers alike. South Korea, as a prominent player in the APAC DINP market, felt the impact of these challenges more acutely. The negative trend observed in the country mirrored the broader sentiment across the region, indicating that supply and demand dynamics were tightly intertwined. The correlation between price changes and seasonal fluctuations became increasingly evident as the quarter progressed, with demand continuing to diminish and production capabilities hampered by disruptions. This environment created a sense of uncertainty among market participants, leading to cautious approaches in purchasing and inventory management. Overall, the market conditions for Diisononyl Phthalate in APAC during Q3 2024 were characterized by a consistent downward trend, reflecting the myriad challenges facing the industry. Supply chain disruptions, high logistics costs, and weakened demand combined to create a challenging landscape for producers and consumers alike. As stakeholders navigated these complexities, the outlook for the DINP market remained cautious, with an emphasis on adapting to ongoing changes in supply and demand dynamics throughout the quarter.
Europe
In Q3 2024, the Diisononyl Phthalate market in Europe witnessed a decline in prices, with Italy experiencing the most significant changes. Several factors contributed to this downward trend. High import prices, lower demand for PVC conversion, disrupted supply chains due to plant shutdowns, and seasonal fluctuations in demand all played a role. Additionally, freight charges remained elevated, adding to the cost pressure. Italy, being a key player in the market, saw prices decrease by 11% from the previous quarter. This negative trend was consistent with the overall market sentiment in Europe. The correlation between price changes and seasonality was evident, with prices dropping further in the second half of the quarter. Overall, the pricing environment for Diisononyl Phthalate in Europe during Q3 2024 was challenging, marked by a consistent decrease in prices. The quarter-ending price of USD 1766/MT of DINP CFR Genoa in Italy reflected this downward trend, highlighting the negative market conditions. Disruptions in the supply chain further exacerbated the situation, leading to a bearish outlook for the industry.
FAQs
1. What is the current price of Diisononyl Phthalate (DINP)?
As of July 2025, Diisononyl Phthalate (DINP) Spot Price in Europe witnessed a declining trend, with the Price Index weakening further following Q2 corrections. Prices vary regionally, influenced by demand outlook and import dynamics.
2. How is the current market situation of Diisononyl Phthalate (DINP) globally?
The global Diisononyl Phthalate (DINP) market is under pressure due to weak downstream PVC demand, oversupplied conditions, and fluctuating feedstock costs. The Price Index has shown instability across key regions like Europe, North America, and APAC.
3. What factors are influencing the Diisononyl Phthalate (DINP) Production Cost Trend?
Key cost drivers include phthalic anhydride availability, energy input costs, and logistics. While feedstock prices have been relatively stable, demand-side weakness has capped cost-push inflation in most regions.
4. What is the Diisononyl Phthalate (DINP) Demand Outlook for H2 2025?
The demand outlook remains cautious. While there could be a seasonal lift in flexible PVC demand in some APAC and European markets, persistent economic concerns and low industrial activity in North America may limit significant recovery in H2 2025.
