In the Unites States, prices for the Epoxy Resin witnessed a bearish trend and prices declined by *.**. This is mainly due to the supply demand imbalances as supply remained ample while the offtake from the downstream paints and coating industries were limited.
Downstream market performances shaped the market price trend for the Epoxy Resin. In the automotive industry, sales improvement was mild during the period while the construction market remained steady. However, the feedstock market experienced a marginal fluctuation in the prices, not influencing the production costs. Feedstock Bisphenol A prices declined by *.** while the prices for another feedstock Epichlorohydrin surged by *.** during the period.
In the European market, Epoxy Resin prices experienced a bullish trend. In Germany, prices rose by *.** during the late month, coupled with the tight supply conditions while the domestic feedstock...
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