In the first half of January xxxx, the global Vinyl Ester Resin (VER) market witnessed a fluctuating price trend in both the European and Asian markets. Initially, the overall sentiment remained pessimistic, reflecting the trend from the previous month in the European market. However, the Chinese market displayed signs of resilience as the New Year kicked off, witnessing a rebound driven by renewed stockpiling efforts by market participants. One contributing factor to the positive momentum in China was the upward trajectory in demand for feedstock Epoxy Resin, influencing the production costs of VER. Additionally, the downstream coating and adhesive manufacturing industries in both Europe and China continued to exhibit firm demand for VER, contributing to market stability.
In the European market, particularly in Spain, a xx decline in VER prices was observed in December. Despite this setback, there are anticipations of a price reversal in...
