Epoxy resin prices experienced a mixed price trend in the key global markets. The price trend remained steady during the first half of June xxxx, with changes observed only in the third week of the month. While the US market showed a bearish trend and European markets remained stable, Asian markets saw different price movements.
In the US, epoxy resin prices remained stable during the first half of the month but dropped by x.xx in the third week to USD x,xxx/MT DEL Texas. Low production costs and limited demand conditions from the downstream market drove the prices to decline. Moreover, prices for feedstock Bisphenol A also trended downwards during the week. Additionally, market participants reported that, amid tariff-related uncertainty and limited demand dynamics, local marketers favored domestic markets to maintain their volumes. Moreover, the country has plans to impose countervailing duties...
