In October 2025, Epoxy Resin prices witnessed a diverse price trend, attributed to the supply demand imbalances and feedstock market conditions. Prices for Epoxy Resin increased in US and European markets, while the APAC market trended downward.
In the US market, prices for the Epoxy Resin witnessed a bullish trend, where price inclined by 3.9%, due to the tight supply condition and active procurement from the downstream.
Key manufacturing units were disrupted, resulting in tight supply conditions. In October 2025, Westlake Chemical Corporation in Illinois, USA, declared a 3-day Force Majeure due to a technical issue, effective from October 19, 2025, to October 21, 2025. Additionally, Olin Corporation in Texas, USA, underwent a planned maintenance shutdown for 28 days from October 4, 2025, to October 31, 2025, which reduced its production capacity to only 484 tons per month (TPM) from 5,000 TPM.
An improvement in downstream market sentiment supported procurement activity from the paints and coating industries. According to the NAHB, the National Association of Home Builders/Wells Fargo Housing Market Index rose this month. Though the prices for the key feedstock of Epoxy Resin remained low, bisphenol A and epichlorohydrin prices declined by 6.7% and 2.5% respectively.
European market mirrored the same trend observed across the US market. Epoxy Resin prices in the German market inclined by 1.6%, coupled with the tight supply condition and demand surge from the downstream before the holidays period. INEOS confirmed the shutdown of two production units at its Rheinberg site in North Rhine–Westphalia, a key European hub. The affected facilities produce epichlorohydrin, a key feedstock for Epoxy Resin. The closure—driven by sustained overcapacity, high energy costs, and intense competition from U.S. and Asian producers—supported higher short-term prices for Epoxy Resin.
However, European Commission have currently imposed antidumping duties China, Taiwan and Thailand, exempting South Korea, but it has failed to rally prices for the long term due to prolonged weak downstream demand and continuous influx of competitively priced material from South Korea, India and Saudi Arabia.
In the APAC market, prices for the Epoxy Resin witnessed a significant decline in October 2025. In China, Epoxy Resin price declined by 2.4% mainly attributed to the low production costs and the weak demand from the downstream industries.
During the month, prices for the key feedstock Bisphenol A and Epichlorohydrin declined hy 6.2% and 3.5% respectively, weakened the production costs for the Epoxy Resin. Market supply for the Epoxy Resin was high, coupled with the early month holiday period, with limited market transactions. Price trends were also influenced by the sluggishness across the downstream industries such as paints and coating, influenced by the weakness across construction and automotive sectors.
Despite the improvement in the new orders, the overall business activity index was soft for the construction industry, came in at 49.1%, a decrease of 0.2 % in October 2025 compared to the previous month, NBS China reported.
Across automotive sector, several car manufacturers posted poor sales in October 2025 in the automotive industry. According to the China Passenger Car Association data, the sales of China-built Tesla electric vehicles fell 9.9% year-on-year to 61,497 units, reversing a 2.8% rise in September. In the same vein, Chinese carmaker BYD saw its sales in October fall 12% year-on-year to 441,706 vehicles.
Also among the market participants was observed that producers are known to go for a price cut to wave out their stock in the year end destocking process, so there will be more pressure on Epoxy Resin prices.
