- Plasticizer prices were mixed in Q2 2026, as Western list increases early in the quarter contrasted with a steady decline in Asian prices.
- Isooctanol and phthalic anhydride costs fell after the US–Iran ceasefire lowered crude oil, though earlier feedstock spikes had already pushed Western producers to raise prices.
- PVC and coatings demand stayed weak during the off-season, while higher plant operating rates added supply and gave buyers greater bargaining power.
Plasticizer prices followed a mixed path in Q2 2026, with cost-driven increases in Western markets early in the quarter and a steady decline across Asia. Overall, the global market softened as feedstock costs eased after their earlier spike. In China, DOP prices held near high levels in early April, but the US–Iran ceasefire lowered crude oil, pulling down isooctanol and phthalic anhydride and reducing cost support. Prices fell through May as DOP plants returned from maintenance, lifting operating rates from about 56% in late April to around 65%, creating loose supply against weak off-season demand. A brief stabilisation in early June, as isooctanol firmed, did not last, and prices declined again late in the month. In Europe, Perstorp raised plasticizer and oxo-alcohol prices from 1 April, citing sharply higher raw material and energy costs after the Middle East conflict broke out, and passed similar increases to US customers.