In February of 2025 the market of resorcinol experienced a significant price increase, maintaining the upward trend that was observed in January. India's initiation of probe on anti-dumping for resorcinol imports from China and Japan was one of the crucial factors that is responsible for this surge. This resulted in suppliers adjusting their ongoing pricing strategies as well as the anticipation of the investigation impacted the resorcinol market and resulted in tightening of supply.

Compared to previous months, prices for resorcinol in India, CFR JNPT as well as Ex-Mumbai for early 2025 saw a notable increase. The impact of anti-dumping resonated globally and the international market wasn’t any exception, it also saw price hikes in exporting markets of resorcinol like China and Japan. The investigation is adding supply chain concerns and is further pushing prices northward. The resorcinol market participants are preparing for likely tighter controls and potential regulatory changes. These regulatory developments has influenced both domestic and international markets.

ChemAnalyst observed that as of February 2025, resorcinol price has experienced a significant rise and several factors were involved like added pressure on supply chains and pricing due to the anti-dumping probe. In addition, price increase of resorcinol can also be attributed to the rising costs of its key raw materials. Benzene which is a critical feedstock in production of resorcinol has seen a notable surge in its prices due to supply constraints with ongoing increasing demand. Crude oil prices have also seen increase which also contributed to the overall rise in resorcinol costs as higher crude prices likely influence the production costs of several petrochemical products such as resorcinol.

ChemAnalyst anticipates that the resorcinol market will likely remain high and might start showing some stability as 1st quarter of 2025 concludes. Market prices for resorcinol in India are projected to experience minor variations due to market adjustments and ongoing shifts in supply and demand. Whereas international resorcinol markets are expected to resonate on a comparable pattern with slight fluctuations. These price movements are because of ongoing adjustments in the supply chain due to the anti-dumping investigation and seasonal anticipation. This fluctuation in resorcinol market makes it important for buyers to stay alert and track shifts in resorcinol prices.

Buyers should remain agile and be prepared for price volatility and potential supply constraints due to the anti-dumping probe. It would be prudent for buyers and procurement specialists to closely monitor prices of resorcinol to mitigate any risk of further price hikes. Procurers should adopt a strategic approach for resorcinol procurement and inventory management. Buyers should also start exploring alternative suppliers to manage costs and keep an eye on any further changes in trade regulations that may further impact pricing dynamics.