In the United States market, Epoxy Resin price trend remained steady during the month till the week ending July xx, for the Liquid (EEW xxx-xxx) variant. Supply for the Epoxy Resin was reported ample supported by the ample inventory and the declining production costs. Prices for the crucial feedstock epichlorohydrin were stable while the prices for Bisphenol A (BPA) declined by x.xx during the timeframe. On the demand side, Epoxy Resin demand from the downstream coating industry remained stagnant due to the improvement in the end-use automotive and the construction sector.
Across the European market, Epoxy Resin prices registered significant growth. In German market, Epoxy Resin novolac based price surged by x.xx, settling at USD xxxx/MT FD Hamburg. This is mainly attributed to the limited material availability and the rising feedstock market, due to the supply disruption and logistical constraints....
