Renewed Middle East tensions—sparked by U.S. airstrikes on Iran and potential peace MOU termination—have triggered a temporary rebound in Northeast Asian plasticizer prices.
1. China Market Trends
- DOTP: Domestic prices range between CNY 8,100–8,300/MT, while export offers stand at USD 1,090–1,120/MT FOB China (Flexi-bag).
- DINP: Domestic prices in East China are around CNY 8,400/MT, with export quotes at USD 1,110/MT FOB China (Flexi-bag).
2. South Korea Market Trends
- South Korean producers maintain a sharp premium over China.
- DINP export offers are currently quoted at USD 1,400–1,500/MT FOB (Flexi-bag).
Market participants are closely monitoring whether this geopolitical rebound will hold or remain short-lived.