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.






