For the Quarter Ending September 2025
Europe
• In Italy, the Diisononyl Phthalate Price Index fell by 14.5% quarter-over-quarter, reflecting weakened PVC demand.
• The average Diisononyl Phthalate price for the quarter was approximately USD 1173.00/MT on CFR Genoa.
• Diisononyl Phthalate Spot Price declined sharply amid soft PVC procurement, pressuring domestic trading and margins.
• Diisononyl Phthalate Price Forecast indicates limited upside given persistent weak end-use demand and ample inventories.
• Diisononyl Phthalate Production Cost Trend shows marginal upward pressure from higher feedstock and labour costs.
• Diisononyl Phthalate Demand Outlook remains subdued as PVC sector softness and construction weakness limit offtake.
• Diisononyl Phthalate Price Index deterioration coincided with destocking across converters, increasing discounting and export availability.
• Producers offered terms to clear excess stocks while export demand remained insufficient to support recovery.
Why did the price of Diisononyl Phthalate change in September 2025 in Europe?
• Reduced PVC consumption forced converters to delay purchases, pressuring Diisononyl Phthalate contract and spot values.
• Adequate regional supply plus importer volumes increased availability, prompting discounting and greater competition among sellers.
• Marginal feedstock and labour cost increases limited producer pricing power amid weak demand and destocking.
North America
• The regional Price Index for Diisononyl Phthalate (DINP) was volatile through Q3 2025 as alternating demand pulses and feedstock swings pushed the Diisononyl Phthalate Spot Price up and down across the quarter.
• Why prices in September 2025 changed: Prices increased in September 2025 after upstream PVC compounders and wire & cable makers initiated precautionary restocking ahead of Q4 projects; concurrent tightness in certain high-grade plasticizer grades and short-lived logistics congestion supported spot premiums.
• DINP demand is driven mainly by flexible PVC applications — flooring & wall coverings, wire & cable insulation, automotive interiors, hoses & tubing, synthetic leather, adhesives & sealants — plus smaller uses in coatings and some medical-grade plastics.
• Production cost & supply: The Diisononyl Phthalate Production Cost Trend showed intermittent upward pressure from aromatic feedstock and energy cost volatility; occasional plant turnarounds for specialty ester capacity tightened merchant availability and raised conversion costs.
• Demand & outlook: The Diisononyl Phthalate Demand Outlook is cautiously positive for Q4 with construction and automotive aftermarket activity supporting flexible-PVC demand; the Diisononyl Phthalate Price Forecast anticipates continued short-run fluctuation but a generally firmer band into Q4 unless feedstock eases or major inventories are released.
Asia
• Asia’s Price Index for Diisononyl Phthalate posted fluctuations during Q3 2025; the Diisononyl Phthalate Spot Price moved unevenly as Chinese export volumes, regional demand and feedstock dynamics alternately tightened and eased availability.
• Why price in September 2025 changed: Prices decreased in September 2025 in several Asian hubs after a short period of higher shipments from major Asian ester producers improved spot availability; slower-than-expected ordering from some downstream PVC converters also reduced immediate buying pressure.
• Downstream uses: Major end-uses across Asia mirror global patterns: PVC flooring & films, electrical cable insulation, footwear & synthetic leather, hoses and tubing, adhesives/sealants, and building materials—all driving baseline demand.
• Production cost & supply: The Diisononyl Phthalate Production Cost Trend was mixed — local feedstock (alcohols/anhydrides) and energy cost swings raised conversion costs at times, but strong regional ester capacity and competitive exports occasionally eased merchant costs.
• Demand & outlook: The Diisononyl Phthalate Demand Outlook into Q4 is moderate: infrastructure and construction projects should underpin flexible-PVC consumption, but regulatory scrutiny and cautious capex in some end-markets could cap upside. The Diisononyl Phthalate Price Forecast points to continued volatility with a sideways-to-mildly-lower bias in the near term unless demand unexpectedly strengthens.
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.
