For the Quarter Ending December 2025
North America
• In the US, the EAA Price Index declined by around 4.8% quarter-over-quarter, reflecting soft downstream demand and competitive supplier pricing.
• EAA Spot Price trended lower as sellers adjusted offers to stimulate buying amid ample regional availability.
• EAA Price Forecast indicates limited near-term recovery, with expectations of range-bound movement into early 2026.
• EAA Production Cost Trend remained stable to weak as ethylene costs stayed subdued and acrylic acid prices showed minimal volatility.
• EAA Demand Outlook stayed muted, as packaging and adhesive converters operated cautiously and avoided inventory build-ups.
• The EAA Price Index reflected persistent quarter-long pressure from balanced supply and restrained procurement activity.
• Adequate producer inventories and smooth domestic logistics limited pricing power for sellers across the quarter.
Why did the price of EAA change in December 2025 in North America?
• Year-end destocking and conservative purchasing behavior reduced spot demand.
• Stable feedstock prices lowered cost pressure, allowing suppliers to offer discounts.
• Buyers delayed purchases amid uncertain demand outlooks and budget closures.
APAC
• In Indonesia, the EAA Price Index fell by 6.06% quarter-over-quarter, pressured by weaker import costs.
• The average EAA price for the quarter was approximately USD 3460.00/MT, based on reported landed costs.
• EAA Spot Price softened as regional exporters discounted offers amid ample inventories and subdued buying.
• EAA Price Forecast shows limited upside given continued destocking and flat near-term feedstock cost environment.
• EAA Production Cost Trend remained weak as ethylene and acrylic acid feedstock values stayed subdued.
• EAA Demand Outlook lacks strength because converters delayed purchases, prioritizing liquidity and drawing down inventories.
• EAA Price Index reflected cumulative weakness across quarter, influenced by aggressive export pricing and subdued domestic activity.
• High exporter allocations and smooth port operations sustained supply, limiting seller leverage and downward recovery.
Why did the price of EAA change in December 2025 in APAC?
• Ample imports from Northeast Asia coincided with year-end destocking, leaving demand insufficient to absorb volumes.
• Flat feedstock costs reduced producers' cost pressure, enabling exporters to trim offers to secure volumes.
• Rupiah weakening increased local landed costs, prompting buyers to delay purchases and prioritize cash preservation.
Europe
• In Northwest Europe, the EAA Price Index decreased by approximately 5.5% quarter-over-quarter, driven by weak consumption trends.
• EAA Spot Price softened as suppliers faced limited enquiry and rising competition from imported material.
• EAA Price Forecast suggests continued sideways to slightly weak movement, dependent on demand recovery in packaging and coatings.
• EAA Production Cost Trend eased marginally as ethylene prices softened and energy costs stabilized.
• EAA Demand Outlook remained sluggish, with converters focusing on inventory reduction and cautious order placement.
• The EAA Price Index was pressured by sustained oversupply and lack of seasonal demand support.
• Smooth cross-border logistics and sufficient stock levels constrained any upward price correction.
Why did the price of EAA change in December 2025 in Europe?
• Weak year-end demand and ongoing destocking limited buying interest.
• Lower feedstock and energy costs reduced production cost pressure.
• Competitive imports and ample regional supply weighed on seller negotiations.
For the Quarter Ending September 2025
North America
• The EAA Copolymer Price Index in North America showed a stable-to-firm trend during Q3 2025, driven by consistent demand from downstream sectors such as flexible packaging, adhesives, extrusion coatings, and metal protection films.
• Spot Price activity remained steady throughout the quarter, with limited volatility. Buyers maintained cautious procurement strategies, purchasing on demand to manage inventory levels amid macroeconomic uncertainty.
• Prices increased slightly in September due to elevated feedstock ethylene costs and tight supply from scheduled maintenance at regional production sites. Export demand and freight normalization also contributed to firmer pricing.
• The Production Cost Trend remained elevated, primarily due to high ethylene input costs and logistics expenses. However, improved operational efficiency and domestic sourcing helped mitigate margin pressure.
Why did the price of EAA change in September 2025 in North America?
• Prices increased slightly due to elevated ethylene feedstock costs and scheduled maintenance at production sites.
• Freight normalization and steady export demand supported spot price firmness.
• Cautious downstream buying and stable demand from packaging and adhesives helped maintain price discipline.
APAC
• In Indonesia, the Ethylene Acrylic Acid Copolymer Price Index fell by 0.91% quarter-over-quarter, reflecting softer demand.
• The average Ethylene Acrylic Acid Copolymer price for the quarter was approximately USD 3683.33/MT, per assessment.
• Ethylene Acrylic Acid Copolymer Spot Price softened as Chinese exports rose and freight eased, reducing costs.
• Ethylene Acrylic Acid Copolymer Price Forecast indicates modest near-term volatility from feedstock shifts and seasonal procurement.
• Ethylene Acrylic Acid Copolymer Production Cost Trend combined lower ethylene with higher acrylic, producing neutral pressure.
• Ethylene Acrylic Acid Copolymer Demand Outlook remains cautious with restocking in packaging and adhesives, construction subdued.
• Ethylene Acrylic Acid Copolymer Price Index movements tracked Chinese restarts, inventory cycles and Rupiah depreciation affecting imports.
• Export interest and inventories influenced flows as regional maintenance and Chinese capacity additions reshaped supply dynamics.
Why did the price of Ethylene Acrylic Acid Copolymer change in September 2025 in APAC?
• Chinese production increases and inventory accumulation created oversupply in regional markets, pressuring Indonesian CFR prices downward.
• Easing ethylene costs partially offset higher acrylic acid and freight dynamics, moderating production cost pressure.
• Freight rate easing reduced landed costs, but Rupiah depreciation amplified import expenses, complicating buyer procurement decisions.
Europe
• The Ethylene Acrylic Acid (EAA) Copolymer Price Index in Europe showed a mild downward trend in Q3 2025, impacted by soft demand from key downstream sectors such as flexible packaging, adhesives, extrusion coatings, inks, and metal protection films.
• Spot Price remained under pressure throughout the quarter, with buyers adopting a wait-and-see approach. High inventory levels and subdued order volumes from converters contributed to limited price movement.
• Prices decreased slightly in September due to weak demand from packaging and coatings industries, coupled with cautious procurement and steady supply availability. Export activity remained flat, offering little support to spot prices.
• The Production Cost Trend remained stable, supported by consistent ethylene and acrylic acid feedstock availability. Energy costs were moderate, and operational efficiency among European producers helped maintain margin stability.
Why did the price of EAA change in September 2025 in Europe?
• Prices declined slightly due to weak demand from packaging and coatings sectors.
• Stable production costs and steady supply limited upward price momentum.
• Cautious procurement and high inventories among converters suppressed spot price activity.
For the Quarter Ending June 2025
North America
• The Price Index for Ethylene Acrylic Acid Copolymer in North America saw a marginal upward trend during Q2 2025, backed by improved downstream demand in packaging and adhesives.
• In April 2025, prices climbed moderately due to reduced supply from offshore markets and scheduled maintenance at local production sites. Freight normalization supported cost pass-through to buyers.
• May 2025 saw price stability despite moderate upstream cost relief, as demand from flexible packaging and food applications remained firm.
• By June 2025, prices inched higher as producers faced elevated ethylene costs and steady order volumes from converters in food and industrial segments.
Why did the Ethylene Acrylic Acid Copolymer Price Index change in July 2025 in North America?
The Price Index for Ethylene Acrylic Acid Copolymer declined in July 2025, mainly due to softening ethylene prices and cautious purchasing behavior from converters amid adequate inventories.
Asia
• The Price Index for Ethylene Acrylic Acid Copolymer in Asia showed an upward movement through Q2 2025, especially in Indonesia, driven by supply constraints and robust niche demand.
• In April 2025, prices rose by 1.2%, supported by maintenance shutdowns at ethylene crackers in Southeast Asia and higher freight costs (+6% intra-Asia), affecting EAA availability and cost.
• In May 2025, prices increased further by 1.3%, underpinned by steady demand from food packaging and adhesives. Despite softer feedstock trends in China, Indonesian suppliers-maintained firm offers due to tight spot availability.
• By June 2025, Ethylene Acrylic Acid Copolymer Spot Prices in Indonesia climbed by 2.7%, due to elevated ethylene values, persistent freight rate pressure, and moderate demand recovery, particularly in packaging and coatings.
Why did the Ethylene Acrylic Acid Copolymer Price Index change in July 2025 in Asia?
The Price Index dropped by 1.3% in July 2025, reflecting weaker procurement amid monsoon-related demand dip and stabilized upstream ethylene prices. This impacted the Ethylene Acrylic Acid Copolymer Price Forecast for the quarter.
Europe
• The Price Index for Ethylene Acrylic Acid Copolymer in Europe was mostly stable in Q2 2025, affected by balanced demand from packaging and coatings sectors, along with moderate raw material trends.
• In April 2025, prices held steady as regional supply tightened due to reduced imports from Asia and maintenance activity in local ethylene plants.
• May 2025 brought slight increases in the Price Index as demand for high-performance adhesives and food-safe coatings improved. Import offers from Asia remained limited due to high freight and cost fluctuations.
• In June 2025, the Price Index remained firm, with producers reporting stronger demand from the flexible packaging sector and moderate cost support from acrylic acid.
Why did the Ethylene Acrylic Acid Copolymer Price Index change in July 2025 in Europe?
In July 2025, the Ethylene Acrylic Acid Copolymer Price Index in Europe declined, driven by easing freight pressure, competitive Asian offers, and subdued construction and coatings demand, reshaping the Ethylene Acrylic Acid Copolymer Production Cost Trend.
For the Quarter Ending March 2025
North America
In Q1 2025, Ethylene Acrylic Acid (EAA) copolymer prices in the North American market exhibited a mildly bearish to stable trend, largely shaped by soft downstream demand and subdued export activity. Despite intermittent support from upstream ethylene prices and planned maintenance turnarounds in early January, market fundamentals quickly softened due to sluggish consumption in key end-use sectors such as flexible packaging and industrial coatings.
Persistent weakness in the domestic construction sector, driven by high interest rates, slow housing turnover, and macroeconomic uncertainty limited procurement activity for EAA-based adhesives and coatings. Moreover, dampened international demand, particularly following China's imposition of tariffs on US chemical imports, further constrained export-driven momentum. While temporary tightness supported prices briefly, by March, inventory accumulation and increased competition among suppliers led to price moderation.
Feedstock relief from lower Ethylene prices offered some cost flexibility yet failed to offset the broader impact of demand-side pressures. Overall, North America's EAA market remained well-supplied throughout the quarter, with prices reflecting cautious purchasing behaviour and muted growth in packaging and coatings applications. This culminated in a relatively flat to slightly declining price trend over Q1 2025.
Asia
Ethylene Acrylic Acid (EAA) copolymer prices in the Asian market, particularly in Indonesia, exhibited a relatively stable trend over Q1 2025, balancing between initial softness and subsequent recovery. In January, prices declined by 5.3% due to lower import costs from China and steady supply levels. Stable freight rates and sufficient inventories reduced cost pressures, while subdued near-term demand, driven by economic uncertainty and cautious procurement ahead of the Lunar New Year, reinforced the downward trend. However, prices began to recover in February, rising by 1.2%, as regional supply constraints from China, the key supplier tightened availability. Although feedstock costs remained stable, steady Chinese export activity and margin-preservation strategies by producers supported a modest price uptick. Demand held firm, particularly from the construction and coatings sectors, as industrial activity gained momentum. In March, prices surged by 4.9% amid tightening supply, logistical challenges, and robust downstream demand from flexible packaging and automotive coatings. Strategic restocking and seasonal production boosts further fueled buying activity. Overall, while January witnessed a sharp decline, the strong recovery in February and March led to a relatively stable quarterly price trend for EAA in Asia, underpinned by improving demand and evolving supply-side dynamics.
Europe
In Q1 2025, Ethylene Acrylic Acid (EAA) copolymer prices in Europe trended slightly upward, underpinned by moderate recovery in downstream demand and firming production costs. After a sluggish start in January, where demand remained subdued amid broader economic headwinds, prices began to climb in February as seasonal restocking and improved trading sentiment lifted market activity. A modest rise in feedstock costs, particularly for acrylic acid and intermittent supply limitations added cost-side pressure, supporting the bullish trend. By March, the European market witnessed a more balanced supply-demand dynamic. While weak housing construction activity continued to cap demand in certain segments, steady offtake from flexible packaging, food applications, and industrial coatings helped sustain price stability. The restart of regional EAA production facilities and rising energy costs added further momentum to pricing strength, especially as inventory levels started to tighten mid-quarter. Overall, EAA prices in Europe closed the quarter on a relatively firm note, reflecting cautious optimism across packaging and coatings sectors. With macroeconomic conditions slowly stabilizing and upstream costs remaining elevated, the market maintained a mildly bullish stance throughout Q1 2025.
