Epoxy resin market exhibited a varied price trend in April xxxx in the major market. The price trend was mainly shaped by the feedstock market, demand conditions and the availability of the material in the region.
In the US market, epoxy resin price experienced a stable price trend and stayed at USD xxxx/MT DEL Texas. However, the feedstock market observed significant changes. Prices for the feedstock Bisphenol A rose by x.xx due to the tight supply conditions while another feedstock Epichlorohydrin took a surge of xx.
Demand for epoxy resin from the downstream paints and coating market remained stable while helped to maintain the price trend of the epoxy resin during the period.
Downstream industries’ performance played a key role. PPG, a US based paints and coatings manufacturer, revealed in their Qx report that business showed resilience....
