For the Quarter Ending June 2026
Phenolic Resin Prices in North America
- In USA, the Phenolic Resin Price Index rose by 21.10% quarter-over-quarter, driven by tight inventories and feedstock pressure.
- The average Phenolic Resin price for the quarter was approximately USD 2056.67/MT, reflecting sustained upward momentum.
- Phenolic Resin Spot Price strengthened amid constrained Gulf Coast availability, supporting elevated offers and reduced spot liquidity.
- Phenolic Resin Price Forecast shows modest near-term gains, influenced by high energy benchmarks and sustained upstream cost pressures.
- Phenolic Resin Production Cost Trend reflects higher phenol and energy inputs, squeezing producer margins and reinforcing pricing.
- Phenolic Resin Demand Outlook remains moderate as construction and industrial procurement slow, yet steady automotive enquiries persist.
- Phenolic Resin Price Index volatility eased as stable production rates and balanced inventories limited fresh upward movement.
- Export demand from Canada and Mexico supported Gulf Coast premiums while insurance and freight inflation constrained trade flows.
Why did the price of Phenolic Resin change in June 2026 in North America?
- Tight inventories across Gulf Coast reduced spot availability, enabling sellers to maintain higher offer levels.
- Elevated feedstock phenol, formaldehyde and crude oil costs raised production expenses, pressuring margins and offers.
- Geopolitical tensions increased freight and insurance premiums, complicating logistics and reducing competitive import relief significantly.
Mexico
- In Mexico, the Phenolic Resin Price Index rose by 20.35% quarter-over-quarter, driven by tight supply.
- Phenolic Resin Spot Price strengthened amid constrained cargo availability and firm US export offers supporting higher landed costs.
Phenolic Resin Prices in APAC
- In Indonesia, the Phenolic Resin Price Index rose by 16.72% quarter-over-quarter, driven by export offers.
- The average Phenolic Resin price for the quarter was approximately USD 1717.00/MT, reflecting Jakarta economics.
- Phenolic Resin Spot Price softened as steady vessel arrivals increased availability, pressuring offers and margins.
- Phenolic Resin Price Forecast suggests modest near-term weakness as import competition and subdued downstream buying.
- Phenolic Resin Production Cost Trend eased after lower phenol benchmarks, allowing exporters to trim margins.
- Phenolic Resin Demand Outlook remains cautious because construction seasonality and squeezed margins limit restocking activity.
- Phenolic Resin Price Index volatility eased late June as stable feedstock supply and shipping normalised.
- Exporters operated steadily while inventories remained comfortable, limiting upward pressure on Phenolic Resin Price Index.
Why did the price of Phenolic Resin change in June 2026 in APAC?
- Steady import arrivals from China increased availability, exerting downward pressure and offsetting earlier export-driven tightness.
- Elevated crude and phenol benchmarks raised production costs and insurance premiums, supporting higher offers early-quarter.
- Limited downstream restocking and cautious procurement amid seasonal slowdown reduced demand, while logistics costs rose.
Malaysia
- In Malaysia, the Phenolic Resin Price Index rose by 16.74% quarter-over-quarter, driven by tighter exports
- Phenolic Resin Spot Price softened as steady import arrivals and comfortable inventories pressured seller offers
South Korea
- In South Korea, Phenolic Resin Price Index rose by 17.48% quarter-over-quarter, supported by feedstock inflation.
- Phenolic Resin Spot Price activity remained muted as distributors held stocks, limiting transactional selling pressure.
Phenolic Resin Prices in Europe
- In Germany, the Phenolic Resin Price Index rose by 14.0% quarter-over-quarter, driven by tight supply.
- The average Phenolic Resin price for the quarter was approximately USD 1995.33/MT, reflecting energy-driven costs.
- Phenolic Resin Spot Price firm while Phenolic Resin Production Cost Trend reflected high energy pressures.
- Phenolic Resin Price Forecast suggests short-term firmness, then modest easing as feedstock prices further moderate.
- Phenolic Resin Demand Outlook remains weak because construction activity contracted, constraining downstream procurement and volumes.
- Phenolic Resin Price Index eased in June as inventories rose and downstream buyers delayed replenishment.
- Major German producers ran near nameplate rates, preserving supply discipline while avoiding significant inventory accumulation.
- Higher freight and insurance premiums increased distribution costs, contributing to elevated seller offers across Hamburg.
Why did the price of Phenolic Resin change in June 2026 in Europe?
- Declining feedstock costs reduced production expenses, removing prior cost support and pressuring seller pricing downward.
- Subdued construction and industrial activity limited procurement, increasing inventories and weakening spot market liquidity further.
- Reduced Strait of Hormuz tensions eased crude risk premium, lowering feedstock risk and moderating costs.
Netherlands
- In Netherlands, the Phenolic Resin Price Index rose by 14.15% quarter-over-quarter, driven by tight supply.
- Phenolic Resin Spot Price firmed as sellers withheld offers, tightening prompt availability and supporting premiums.
Italy
- In Italy, the Phenolic Resin Price Index rose by 13.97% quarter-over-quarter, reflecting tight supply and higher feedstock costs.
- Phenolic Resin Spot Price firmed amid limited spot availability and disciplined seller offers, supporting Price Index strength.
For the Quarter Ending March 2026
Phenolic Resin Prices in North America
- In USA, the Phenolic Resin Price Index rose by 1.01% quarter-over-quarter, reflecting feedstock cost pressure.
- The average Phenolic Resin price for the quarter was USD 1698.33/MT from FOB Louisiana assessments.
- Phenolic Resin Spot Price remained range-bound amid liquidity and balanced supply, preventing significant price moves.
- Phenolic Resin Price Forecast indicates firmness as geopolitical risks and higher feedstock costs support offers.
- Phenolic Resin Production Cost Trend rose as phenol and formaldehyde price increases raised conversion expenses.
- Phenolic Resin Demand Outlook remained weak with cautious procurement from laminates, coatings, and molding-compound sectors.
- Phenolic Resin Price Index advanced sharply in March after supply disruption and restocking, increasing volatility.
- Inventory positions remained comfortable yet export demand tightening and logistics cost increases constrained spot availability.
Why did the price of Phenolic Resin change in March 2026 in North America?
- Rising phenol and formaldehyde costs increased production economics, driving upward pricing pressure in March 2026.
- Force majeure at a Gulf Coast plant temporarily reduced supply, tightening spot availability and prompting restocking.
- Escalating Middle East conflict increased freight costs and crude-driven feedstock inflation, amplifying cost pass-through to prices.
Phenolic Resin Prices in APAC
- In Indonesia, the Phenolic Resin Price Index rose by 6.93% quarter-over-quarter, driven by tight supply.
- The average Phenolic Resin price for the quarter was approximately USD 1471.00/MT, CFR Jakarta basis.
- Phenolic Resin Spot Price spiked mid-March due to geopolitical crude shocks constraining export cargo availability.
- Phenolic Resin Price Forecast points to persistent firmness amid elevated feedstock costs and logistical uncertainties.
- Phenolic Resin Production Cost Trend shows higher manufacturing costs as phenol and formaldehyde prices climbed.
- Phenolic Resin Demand Outlook remains balanced, with post-holiday restocking offsetting seasonal construction slowdowns in sectors.
- Phenolic Resin Price Index showed volatility in March as inventories tightened and prompt cargoes shortened.
- Export availability constrained by Asian plant maintenance, routing delays sustaining premium offers despite cautious procurement.
Why did the price of Phenolic Resin change in March 2026 in APAC?
- Escalating geopolitical tensions raised crude and phenol costs, transmitting higher production costs into import parity.
- Port rerouting and higher freight insurance increased landed costs, delayed shipments, thereby tightening prompt availability.
- Post-Lunar New Year restocking and recovering downstream activity increased buying, while inventories across traders declined.
Phenolic Resin Prices in Europe
- In Germany, the Phenolic Resin Price Index rose by 4.29% quarter-over-quarter, driven by feedstock shortages.
- The average Phenolic Resin price for the quarter was approximately USD 1750.33/MT on FOB Hamburg.
- Phenolic Resin Spot Price firmed as low inventories and reduced holiday production tightened market availability.
- Phenolic Resin Price Forecast points to continued firmness while seasonal demand recovery remains modest near-term.
- Phenolic Resin Production Cost Trend increased as phenol and formaldehyde price rises squeezed producer margins.
- Phenolic Resin Demand Outlook remains muted for construction, while automotive pockets provided limited procurement support.
- Phenolic Resin Price Index rose in March as crude volatility and higher freight insurance costs prevailed.
- Inventory discipline and cautious producer operations limited supply, supporting sustained seller confidence and firm offers.
Why did the price of Phenolic Resin change in March 2026 in Europe?
- Escalating Middle East conflict drove crude higher, pushing phenol feedstock costs and tightening production economics.
- Shipping route disruptions and higher freight insurance premiums increased replacement costs and delayed Asian imports.
- Low distributor stocks after holiday disruptions, with cautious restocking tightened spot availability supporting higher offers.
For the Quarter Ending December 2025
Phenolic Resin Prices in North America
- In the USA, the Phenolic Resin Price Index fell by 1.0% quarter-over-quarter, pressured by weak feedstocks.
- The average Phenolic Resin price for the quarter was approximately USD 1681.33/MT, based on reported FOB values.
- Phenolic Resin Spot Price remained subdued as the Price Index reflected limited inquiries and ample domestic inventories.
- Phenolic Resin Production Cost Trend weakened as phenol and formaldehyde eased, reducing producer cost pressure and margins.
- Phenolic Resin Price Forecast shows modest near-term downside limited by balanced supply and selective restocking by buyers.
- Phenolic Resin Demand Outlook remains soft amid end-user destocking, with construction weakness and cautious procurement prolonging subdued consumption.
- The Price Index movement was influenced by sluggish exports, steady plant operations, and elevated inventories across downstream sectors.
- Producers maintained defensive pricing, with the Phenolic Resin Price Index constrained by abundant supply and weak feedstock tailwinds.
Why did the price of Phenolic Resin change in December 2025 in North America?
- High downstream inventories and muted procurement reduced buying, exerting downward pressure on domestic price levels.
- Weaker phenol and formaldehyde prices lowered production costs, removing upward cost support for resin prices.
- Sluggish export demand, particularly to Mexico amid port congestion, constrained external absorption of US supply.
Phenolic Resin Prices in APAC
- In Indonesia, the Phenolic Resin Price Index fell by 2.09% quarter-over-quarter, due to abundant supply.
- The average Phenolic Resin price for the quarter was approximately USD 1375.67/MT per CFR Jakarta.
- Phenolic Resin Spot Price remained pressured by high inventories and subdued downstream buying during quarter.
- Phenolic Resin Price Forecast shows mild volatility with oscillations driven by seasonality and inventory destocking.
- Phenolic Resin Production Cost Trend reflected softer phenol and formaldehyde costs, easing regional manufacturing margins.
- Phenolic Resin Demand Outlook remains muted as downstream sectors delay restocking awaiting post-holiday project reactivations.
- Phenolic Resin Price Index movements correlated with feedstock availability, freight declines, import flows from China.
- High inventories and muted export demand pressured margins despite normal plant operations and no outages.
Why did the price of Phenolic Resin change in December 2025 in APAC?
- Sustained ample regional supply from China and Korea increased import availability, suppressing spot price recovery.
- Downstream demand softness during holiday season reduced procurement, prolonging destocking and limiting upward pricing pressure.
- Lower phenol and formaldehyde feedstock costs, easing freight softened production costs and weakened price momentum.
Phenolic Resin Prices in Europe
- In Germany, the Phenolic Resin Price Index rose by 1.04% quarter-over-quarter, reflecting mild bullish momentum from tighter feedstock supply.
- The average Phenolic Resin price for the quarter was approximately USD 1678.33/MT, reported FOB Hamburg.
- Phenolic Resin Spot Price remained subdued amid balanced twelve-week averages and muted speculative buying activity across regional traders.
- Phenolic Resin Price Forecast indicates modest sequential gains in winter followed by potential destocking-driven softening in early next quarter.
- Phenolic Resin Production Cost Trend benefited from softer formaldehyde and mixed phenol signals, partially offset by elevated regional energy expenses.
- Phenolic Resin Demand Outlook remains weak as construction and automotive-related coatings show constrained procurement and reduced industrial offtake.
- Phenolic Resin Price Index reflected mild upward bias late quarter, pressured earlier by port congestion and rising onshore inventories.
- Suppliers maintained cautious operating rates to avoid oversupply, limiting spot availability despite subdued export inquiries and high inventories.
Why did the price of Phenolic Resin change in December 2025 in Europe?
- Balanced supply yet cautious restocking led to stable prices as demand remained weak across key downstream sectors.
- Mixed feedstock signals reduced production cost upward pressure, while port congestion increased inventories and limited exports.
- Subdued construction and automotive demand constrained off-take, prompting cautious buyer behavior and limited speculative activity.
For the Quarter Ending September 2025
North America
- In the USA, the Phenolic Resin Price Index rose by 1.27% quarter-over-quarter, reflecting stable feedstock costs and balanced demand.
- The average Phenolic Resin price for the quarter was approximately USD 1698.33/MT.
- Balanced inventories limited Phenolic Resin Spot Price upside while the Price Index remained range-bound amid cautious buying.
- Short-term Phenolic Resin Price Forecast signals modest volatility as hurricane risks and procurement patterns influence Q4 offers.
- Low crude dynamics kept the Phenolic Resin Production Cost Trend muted, supporting producers' steady operating economics.
- Phenolic Resin Demand Outlook remains subdued due to weak construction, partially offset by resilient automotive component demand.
- Elevated inventories and moderate export inquiries constrained the Phenolic Resin Price Index, limiting seller leverage on spot offers.
- Producer operating rates remained steady, with no major outages, keeping supply balanced and tempering upward price pressure.
- Sellers cautious on forward offers, with contract-centric trade dominating as buyers avoid speculative stocking into uncertain demand.
Why did the price of Phenolic Resin change in September 2025 in North America?
- Abundant feedstock phenol availability eased production costs, contributing to lower pricing pressure in late September.
- Comfortable finished-resin inventories across Gulf Coast and Midwest reduced urgency for spot buying, softening demand.
- Subdued construction-linked offtake and cautious procurement limited orderbooks, outweighing modest automotive support during the month.
APAC
- In Indonesia, the Phenolic Resin Price Index fell by 1.9% quarter-over-quarter, pressured by abundant imports.
- The average Phenolic Resin price for the quarter was approximately USD 1405.00/MT across CFR Jakarta.
- Phenolic Resin Spot Price held steady as buyers limited purchases, keeping offers competitive, volumes low.
- Phenolic Resin Price Forecast anticipates limited near-term upside given persistent oversupply and soft seasonal demand.
- Phenolic Resin Production Cost Trend eased as lower phenol and formaldehyde values reduced manufacturing expenses.
- Phenolic Resin Demand Outlook remains weak as construction and wood-panel activity slows during monsoon disruptions.
- Phenolic Resin Price Index signalled seller pressure, discounting increasing, however stimulating transactions amid elevated inventories.
- Export offers from China and South Korea pressured CFR levels; port congestion caused minimal shipment delays.
Why did the price of Phenolic Resin change in September 2025 in APAC?
- Ample supply from China and South Korea increased availability, exerting downward pressure on CFR prices.
- Weak downstream demand from construction and wood-panel sectors, exacerbated by monsoon disruptions, limited purchasing activity.
- Reduced feedstock costs from softer phenol and formaldehyde, driven by lower crude, eased production costs.
Europe
- In Germany, the Phenolic Resin Price Index fell by 0.38% quarter-over-quarter, reflecting weak demand pressures.
- The average Phenolic Resin price for the quarter was approximately USD 1661/MT, reflecting subdued restocking.
- Market liquidity remained thin as the Phenolic Resin Spot Price tracked sideways amid inventory accumulation.
- The Phenolic Resin Price Forecast indicates modest upside as phenol tightness offsets weak downstream purchasing.
- European Phenolic Resin Production Cost Trend rose after phenol outages, while formaldehyde pricing stayed subdued.
- The Phenolic Resin Demand Outlook remains muted, with construction and automotive sectors delaying procurement decisions.
- Logistics bottlenecks pressured the Phenolic Resin Price Index, restricting exports and amplifying on-site inventory accumulation.
- Producer operating rates stayed steady, keeping spot availability adequate and preventing sharper upward pricing moves.
Why did the price of Phenolic Resin change in September 2025 in Europe?
- Tightened phenol supply after the Gladbeck closure increased production costs, supporting limited upward price pressure.
- Persistent weak end-use demand from construction and automotive curtailed buying, capping sustained price recovery prospects.
- Severe port congestion constrained exports, drove on-site inventories higher, and maintained bearish regional market sentiment.
