For the Quarter Ending December 2025
Epichlorohydrin Prices in APAC
- In Japan, the Epichlorohydrin Price Index fell by 1.81% quarter-over-quarter, reflecting mild inventory-driven bearish pressure.
- The average Epichlorohydrin price for the quarter was approximately USD 2549.00/MT, reported by Osaka analysts.
- Epichlorohydrin Spot Price remained range-bound in December amid balanced supply and steady domestic operating rates.
- Epichlorohydrin Price Forecast shows modest oscillation as Production Cost Trend tightened due to bio-glycerine premium.
- Epichlorohydrin Demand Outlook remained stable with electronics restocking supporting the Price Index despite construction seasonality.
- Inventory levels tightened slightly as export demand picked up, with Osaka producers maintaining operating status.
- Feedstock propylene eased earlier, while bio-glycerine premiums rose, affecting Epichlorohydrin feedstock cost dynamics and margins.
- Export arbitrage narrowed due to container congestion, influencing Epichlorohydrin Price Index and regional competitive flows.
Why did the price of Epichlorohydrin change in December 2025 in APAC?
- Tighter prompt availability and selective producer inventory management tightened offers, supporting modest price gains in December.
- Bio-glycerine premium increase raised producer cash costs, partially offsetting propylene cost declines in December markets.
- Port congestion and extended discharge times increased freight costs and delayed shipments, constraining timely export flows.
Epichlorohydrin Prices in Europe
- In Germany, the Epichlorohydrin Price Index fell by 3.04% quarter-over-quarter, reflecting balanced supply and weak demand.
- The average Epichlorohydrin price for the quarter was approximately USD 1935.33/MT, reflecting regional contract levels.
- European Epichlorohydrin Spot Price remained range-bound amid steady operating rates and downstream softness controlling volumes.
- The Epichlorohydrin Price Forecast indicates modest volatility with upside risks from winter restocking and constraints.
- Epichlorohydrin Production Cost Trend eased due to lower propylene and glycerol feedstock prices across Europe.
- Epichlorohydrin Demand Outlook remains subdued as paints, coatings and construction sectors continue below seasonal activity.
- Epichlorohydrin Price Index weakness reflects ample inventories and limited exports as producers prioritize regional commitments.
- Port congestion and freight disruptions supported ECH, limiting deeper price falls despite weak downstream consumption.
Why did the price of Epichlorohydrin change in December 2025 in Europe?
- Balanced supply with high warehouse cover reduced sellers' pricing power, pressuring weekly spot and quarterly averages.
- Declining propylene feedstock and glycerol costs lowered production expenses, contributing to softened market pricing pressure.
- Logistics constraints and port congestion increased costs and intermittently tightened deliveries, providing occasional support to offers.
Epichlorohydrin Prices in North America
- In USA, the Epichlorohydrin Price Index rose by 8.24% quarter-over-quarter, fueled by robust domestic demand.
- The average Epichlorohydrin price for the quarter was approximately USD 2444.33/MT, per terminal reports monthly.
- Epichlorohydrin Spot Price faced downward pressure from abundant imports and weaker propylene, limiting near-term rebounds.
- Epichlorohydrin Price Forecast points to modest downside near term, restrained by steady epoxy resin demand.
- Epichlorohydrin Production Cost Trend eased as glycerol and propylene softened, squeezing producer margins and offers.
- Epichlorohydrin Demand Outlook remains muted with infrastructure coating restocking offset by weaker residential construction activity.
- Epichlorohydrin Price Index divergence persisted between domestic ex-works and CFR import quotations amid varied arbitrage.
- Producers operated normally while inventories and freight declines encouraged export offerings and competitive pricing pressure.
Why did the price of Epichlorohydrin change in December 2025 in North America?
- Ample Asian imports and comfortable domestic inventories reduced buying urgency, pressuring December CFR prices lower marginally.
- Lower propylene and glycerol costs eased production expenses, removing upward price pressure on Epichlorohydrin imports.
- Seasonal slowdown in coatings and construction demand, cautious procurement fostered muted trading and price containment.
Epichlorohydrin Prices in South America
- In Brazil, the Epichlorohydrin Price Index rose by 2.37% quarter-over-quarter, supported by steady epoxy-resin demand.
- The average Epichlorohydrin price for the quarter was approximately USD 2245.33/MT, per CFR Santos statistics.
- Epichlorohydrin Spot Price remained stable amid balanced imports and freight easing, keeping seller quotes disciplined.
- Epichlorohydrin Price Forecast suggests modest oscillations as inventories and restocking influence short-term market rhythm dynamics.
- Epichlorohydrin Production Cost Trend benefited from softer propylene/glycerol feedstock, regionally limiting pressure on Price Index.
- Epichlorohydrin Demand Outlook remains firm for epoxy resin sectors, supporting domestic uptake despite seasonal caution.
- Inventory cover at importers averaged three weeks, moderating volatility and dampening speculative export arbitrage activity.
- Port operations and modest congestion influenced logistical premiums, while major suppliers maintained steady loading allocations.
Why did the price of Epichlorohydrin change in December 2025 in South America?
- Balanced inflows from China, US Gulf, South Korea kept supplies sufficient, preventing upward price pressure.
- Softer propylene and glycerol costs eased production expenses, reducing incentives for producers raising export offers.
- Improved freight rates and normalized Santos operations lowered landed costs, stabilizing import parity and confidence.
For the Quarter Ending September 2025
North America
- In United States, the Epichlorohydrin Price Index fell by 3.1% quarter-over-quarter, in Q3 2025, as downstream demand remained soft.
- The average Epichlorohydrin price for the quarter was approximately USD 1986 per metric ton, reflecting mixed demand.
- Epichlorohydrin Spot Price has shown limited volatility, with prices hovering in a tight range amid supply constraints.
- Epichlorohydrin Price Forecast remains cautious, as downstream epoxy resin demand recovery is uneven across regions.
- Epichlorohydrin Production Cost Trend shows pressure from glycerol and propylene costs amid tight China supply.
- Epichlorohydrin Demand Outlook in North America remains lackluster due to hurricane season and paints delays.
- Epichlorohydrin Price Index softened as imports cooled, despite some restocking signals in late quarter in North America.
- Logistics disruptions, port congestion in Asia, and shifting freight costs influenced Epichlorohydrin import dynamics significantly this quarter.
- Manufacturing capacity utilization and comfortable inventories restrained upside, tempering price gains despite tight supply conditions.
Why did the price of Epichlorohydrin change in September 2025 in North America?
- Tighter Epichlorohydrin supply from China due to maintenance and disruptions limited prompt availability in September.
- Rising glycerol and propylene costs raised production costs, supporting price resilience despite weak downstream demand.
- Seasonal restocking and tariff-related volatility influenced import flows and pricing dynamics during the quarter September.
APAC
- In Japan, the Epichlorohydrin Price Index fell by 1.22% quarter-over-quarter, in Q3 2025, amid easing feedstock costs.
- The average Epichlorohydrin price for the quarter was approximately USD 2596.00/MT, reflecting stable demand and balanced supply dynamics.
- Epichlorohydrin Spot Price remained relatively range-bound as inventories stayed ample, reinforcing a cautious Price Index path.
- Epichlorohydrin Price Forecast suggests limited upside in near term due to steady propylene feedstock costs and cautious downstream demand.
- Epichlorohydrin Production Cost Trend points to supported costs from easing glycerol and propylene prices recently.
- Epichlorohydrin Demand Outlook remains tempered by paints and coatings softness, though construction activity shows selective pickup in Asia.
- Epichlorohydrin Price Index signals sideways movement as logistics delays and restocking cycles offset demand gains.
- Price Index in APAC Japan remains sensitive to feedstock parity shifts, export dynamics, and epoxy resin industry restocking patterns.
- In September, rising container availability and pre-festive restocking supported tempered price shifts in Epichlorohydrin Ex Osaka markets.
Why did the price of Epichlorohydrin change in September 2025 in APAC?
- The Epichlorohydrin uptick in market was driven by a combination of tighter spot availability from some domestic producers.
- A modest rebound in feedstock prices (glycerol/propylene) and short-term logistical disruption Japan that constrained prompt shipments and pushed some buyers to secure nearby FOB cargoes.
- Downstream sentiment (epoxy resin producers) showed selective restocking ahead of Golden week of October and cautious procurement.
Europe
- In Germany, the Epichlorohydrin Price Index rose by 3.65% quarter-over-quarter, in Q3 2025, supported supply stability.
- The average Epichlorohydrin price for the quarter was approximately USD 1996.00/MT, reflecting demand trends notably.
- Epichlorohydrin Spot Price faced volatility from glycerol and propylene cost shifts, influencing the Price Index.
- Epichlorohydrin Price Forecast remained cautious due to seasonal demand and port congestion impacting logistics notably.
- Epichlorohydrin Production Cost Trend shifted upward on glycerol and propylene, supporting prices mid-quarter in Europe.
- Epichlorohydrin Demand Outlook remained subdued in paints and coatings, tempering price gains through Q3 2025 regionally.
- Epichlorohydrin Price Index reflected balanced logistics as Rhine freight eased, supporting steady pricing throughout quarter.
- Epichlorohydrin Spot Price volatility tied to port congestion and glycerol constraints increasing risk for importers.
- Epichlorohydrin Production Cost Trend remained elevated versus propylene declines, sustaining margins in Europe through Q3.
- Epichlorohydrin Demand Outlook may shift with restocking cycles and regional restarts, influencing near-term buying patterns.
Why did the price of Epichlorohydrin change in September 2025 in Europe?
- Rising glycerol and propylene costs constrained margins, supporting price levels despite downstream demand in September.
- Logistics disruptions and port congestion in Europe extended delivery times, dampening offtake and price responsiveness.
- Seasonal weakness in paints and coatings tempered demand while export flows remained limited during September.
South America
- In Brazil, the Epichlorohydrin Price Index fell 6.36% quarter-over-quarter, in Q3 2025, due to weaker downstream demand and import pressure.
- The average Epichlorohydrin price for the quarter was USD 2193.33/MT CFR Santos, Brazil, reflecting market steadiness.
- Epichlorohydrin Spot Price remained weak as port bottlenecks and regional softness restrained immediate buying appetite.
- Epichlorohydrin Price Forecast suggests narrow range ahead amid supply tightness and currency volatility in Brazil.
- Epichlorohydrin Production Cost Trend has shown pressure from glycerol inputs, offset by propylene declines recently.
- Epichlorohydrin Demand Outlook indicates cautious restocking with downstream epoxy resins stabilizing but resilient in construction.
- Epichlorohydrin Price Index reflected regional logistics strain, with freight and port delays muting price relief.
- Epichlorohydrin Spot Price movements align with limited Chinese supply and rising glycerol costs this quarter.
- Epichlorohydrin Production Cost Trend remained influenced by glycerol and logistics, supporting distant import parity throughout.
Why did the price of Epichlorohydrin change in September 2025 in South America?
- Supply constraints from China and Brazil port disruptions tightened availability, supporting price stability but risk.
- Weaker downstream epoxy resin demand reduced buying urgency, pressuring the market despite tight feedstock supply.
- Rising glycerol costs and freight charges amplified production costs, contributing to a softer price index.
For the Quarter Ending June 2025
Asia-Pacific (APAC)
- The Epichlorohydrin Price Index in APAC increased by 1.9% in Q2. Prices settled at USD 1220/MT FOB Ningbo by the end of June 2025.
- Prices were volatile across the quarter. Early declines were driven by weak demand and falling feedstock costs, while late-June saw a 1.4% increase due to higher propylene and glycerol prices and reduced spot availability.
Why did the price of Epichlorohydrin change in July 2025 in China?
- Prices remained range-bound in early July as upstream cost support persisted, but sluggish epoxy resin demand and high inventory levels capped gains.
- The Epichlorohydrin Production Cost Trend was shaped by rebounding crude and propylene prices, along with tight glycerol supply. However, weak downstream demand and reduced operating rates at several Epichlorohydrin units kept cost-push impacts in check.
- Epichlorohydrin Demand Outlook remained weak in Q2. Epoxy resin producers operated at 50–60% rates amid soft demand from paints, coatings, and export sectors. Post-festival slowdown and tariff uncertainty further dampened procurement.
- Export momentum of Epichlorohydrin slowed, with overseas buyers cautious due to trade tensions and unstable demand across India and Southeast Asia.
- Domestic procurement in China was conservative and cost-sensitive, driven by limited end-use demand, oversupply, and weak confidence in the downstream epoxy resin and coating sectors.
North America
- The Epichlorohydrin Price Index in North America increased by 3.2% on a quarter-on-quarter basis. Prices settled at USD 2029/MT CFR USA by the end of June 2025.
- However, prices were stable due to low epoxy resin demand, declining feedstock propylene prices, and bearish sentiment. Surging imports from South Korea and rising freight costs offset downward pressure.
Why did the price of Epichlorohydrin change in July 2025 in the USA?
- Prices stayed flat in early July as forward-buying ahead of tariff hikes and higher freight from Asia balanced weak demand and favorable feedstock costs.
- The Epichlorohydrin Production Cost Trend was shaped by low propylene prices and high operating rates in South Korea, while increased freight and port congestion raised delivered costs to the U.S.
- The Epichlorohydrin Demand Outlook remained soft. Downstream epoxy resin and paints & coatings sectors showed sluggish recovery amid high construction costs, interest rates, and trade uncertainties.
- Export momentum into the USA surged from South Korea in May due to tariff shifts, but this was driven more by strategic stockpiling than real-time demand.
- Domestic procurement in the U.S. was cautious. Buyers limited purchases to essentials amid poor housing sentiment, project delays, and broader economic concerns.
Europe
- The Epichlorohydrin Price Index in Germany declined by 2% on a quarter-on-quarter basis, settling at USD 1915/MT FOB Hamburg by the end of June 2025. Despite declining feedstock propylene prices and soft demand, logistical bottlenecks offset downward price pressure.
- Prices showed no notable volatility throughout Q2 and remained stable due to weak demand from epoxy resin and construction sectors, countered by disruptions at key European ports such as Antwerp, Rotterdam, and Bremerhaven.
Why did the price of Epichlorohydrin change in July 2025 in Germany?
- Early July saw continued rollover pricing amid unchanged demand conditions and lingering port congestion. Any drop in feedstock prices was neutralized by transportation challenges.
- The Epichlorohydrin Production Cost Trend was influenced by declining propylene costs and high feedstock inventories. However, no Epichlorohydrin plant shutdowns in Europe ensured steady production levels.
- The Epichlorohydrin Demand Outlook remained bearish. End-use industries such as epoxy resin, construction, and paints & coatings witnessed ongoing stagnation, with no significant recovery in new orders or project activity.
- Downstream sectors reported cautious procurement and stock replenishment only on a need basis, as trade and tariff uncertainties persisted despite temporary tariff pauses.
- Domestic and regional shipments were heavily affected by Rhine River water levels, labor strikes, and inland transport delays, compelling sellers to maintain price stability rather than risk margin loss.
South America
- The Epichlorohydrin Price Index in Brazil declined by 3.5% QoQ, settling at USD 2157/MT CFR Santos by the end of June 2025. Lower feedstock propylene prices and weak demand pressured prices throughout the quarter.
- Prices fell steadily in May and early June due to cheaper Asian imports and subdued demand. Port congestion and rising freight from Asia limited further downside later in the second quarter.
Why did the price of Epichlorohydrin change in July 2025 in Brazil?
- Prices remained range-bound in early July as buyers continued cautious procurement. High inventories and soft construction demand were balanced by persistent logistical delays and freight cost support.
- The Epichlorohydrin Production Cost Trend was shaped by low feedstock prices and high propylene operating rates in Asia, with Chinese and South Korean plants recovering from shutdowns, boosting supply.
- The Epichlorohydrin Demand Outlook was weak in Q2 due to sluggish epoxy resin and paints & coatings sectors. Brazil’s housing and construction markets showed limited recovery amid inflation, high interest rates, and weak confidence.
- Export momentum from China and South Korea to Brazil increased post-maintenance, but demand-side weakness kept buying volumes low.
- Domestic procurement in Brazil remained conservative. Importers placed replenishment orders only on a need basis due to tariff uncertainties, bearish sentiment, and soft end-user sectors.
For the Quarter Ending March 2025
North America
Throughout Q1 2025, the Epichlorohydrin prices in North America witnessed a significant downtrend of 9.4% as compared to the last quarter of 2024. During January 2025, epichlorohydrin prices in the USA declined due to softening demand and ample supply. Throughout the quarter, the downstream epoxy resin sector, which is the major consumer of ECH, showed minimal activity. The slow restart of operations after the winter holidays in the epoxy sector further weakened the demand.
On the supply side, the situation eased significantly. New production capacities in China came online, reducing global supply pressure. Shipping bottlenecks also improved, especially after the Lunar New Year, as freight rates dropped, and container availability increased in February 2025. The US construction industry, a key end-use sector for epoxy resins, remained sluggish. Seasonal factors, high mortgage rates, and economic uncertainty discouraged new construction activity.
However, by late March, uncertainty around potential tariffs led some importers to adjust their buying strategies, which contributed to a slight rebound in ECH prices. This rebound is not enough to offset the downtrend of epichlorohydrin prices in the USA.
APAC
During Q1 2025, the Epichlorohydrin price in Asia witnessed a significant incline in prices followed by a downward trend. Early January saw a brief rebound in epichlorohydrin prices in South Korea due to higher feedstock propylene prices and restocking activity ahead of the Lunar New Year. Despite low demand from the construction sector and the impact of anti-dumping duties from India, producers increased prices to offset rising production expenses. However, as mid-January arrived, the market started to soften. The Lunar New Year holiday period brought temporary closures in February 2025, lower trade activity and minimal new orders with existing inventories were sufficient to meet demand. Demand from downstream sectors, especially epoxy resin, and construction, remained weak throughout most of the quarter. However, in March, the epichlorohydrin prices began to shift sharply. Rising global trade tensions, especially the implementation of tariffs on Chinese ECH, prompted a change in import strategies. Buyers began sourcing more from alternative suppliers, including South Korea, leading to a surge in orders and a renewed upward trend in the market. The epichlorohydrin prices have increased by 2% in the first quarter of 2025 as compared to the last quarter of 2024.
Europe
Throughout Q1 2025, Epichlorohydrin prices in Europe experienced a profound decline in prices by 3.6% as compared to the previous quarter of 2024. At the beginning of January, the Epichlorohydrin prices in Germany remained under pressure despite rising production costs due to an increase in feedstock propylene prices. The demand from key downstream sectors like construction, epoxy resin, and paints and coatings stayed subdued. Although port congestion and logistical delays were present, they were not significant enough to disrupt the abundant supply. As February progressed, demand from the epoxy resin sector remained soft, largely influenced by the Lunar New Year slowdown in Asia, which affected global consumption patterns. Many buyers relied on existing stocks and made only minimal purchases. In March, although supply became tighter due to logistical issues and a shift in trade dynamics, demand remained too low to drive prices up. The downstream construction sector continued to struggle, especially in Germany, where building activity faced a sharp contraction. Paints and coatings also saw little improvement, with most companies maintaining a cautious approach.
South America
Throughout the first quarter of 2025, Epichlorohydrin prices in South America experienced a notable decline of 9.3% compared to the previous quarter. In January, Epichlorohydrin prices fell in Brazil due to weak demand and abundant supply. The epoxy resin sector, ECH's primary downstream consumer, showed limited activity, with a slow post-holiday restart further dampening demand. On the supply front, conditions improved considerably. The addition of new production capacities in China eased global supply pressure, while shipping bottlenecks began to clear following the Lunar New Year. This led to a drop in freight rates and better container availability, especially in February. Meanwhile, the Brazilian construction sector, a significant consumer of epoxy resins, remained underwhelming. However, toward the end of March, market uncertainty surrounding possible tariffs prompted some importers to adjust their purchasing strategies, causing a modest price to rebound. This late recovery was insufficient to reverse the overall downward trend in Epichlorohydrin prices across the quarter. As per ChemAnalyst, the Epichlorohydrin prices in Brazil settled at USD 2420/ MT CFR Santos during the concluding week of March 2025.
