Global Epoxy Resin Prices Show Mixed Trends in January 2025 Amid Supply and Demand Shift
Global Epoxy Resin Prices Show Mixed Trends in January 2025 Amid Supply and Demand Shift

Global Epoxy Resin Prices Show Mixed Trends in January 2025 Amid Supply and Demand Shift

  • 31-Jan-2025 3:45 PM
  • Journalist: Gabreilla Figueroa

January 2025 witnessed a varied price trend for Epoxy resin in the global market, with fluctuations driven primarily by market production costs and product availability. Throughout the month, Epoxy resin prices experienced regional disparities, influenced by factors such as inventory levels, supply chain constraints, and sector-specific demand trends.

In the European market, Epoxy resin prices showed a steady upward trajectory until mid-January 2025, following a significant decline during late December and the holiday season. Prices for Epoxy resin rose notably by 1.73% in the German market for the week ending January 17. This increase was largely attributed to low inventory levels, prompting aggressive restocking activity in the early weeks of the month. However, despite the surge in procurement efforts, downstream industries exhibited restrained consumption levels, with buyers focusing on securing inventory to meet anticipated future demand.

The downturn in Germany’s construction sector, characterized by declining building permits and escalating costs, has significantly impacted Epoxy resin consumption. Reports from the Federal Statistical Office indicated a sharp drop in building permits, highlighting ongoing struggles within the industry amid rising material costs and interest rates. Despite mortgage rates dipping below 3%, bureaucratic challenges and high expenses continue to hinder growth. Industry leaders have urged immediate policy reforms to revive housing construction and stabilize market conditions, which could, in turn, provide better support for Epoxy resin demand.

In the U.S. market, Epoxy resin prices remained stable in early January before registering a 2.18% increase for the week ending January 17. Although a potential U.S. port strike was averted following a tentative contract agreement between the International Longshoremen’s Association and the United States Maritime Alliance on January 8, logistical challenges persisted. Vessel rotations had already been adjusted in anticipation of disruptions, making it difficult for buyers to secure shipping space. Limited vessel availability, coupled with rising shipping costs and inter-warehouse transportation expenses, further strained supply chains, adding pressure to Epoxy resin supply stability.

In contrast, the Epoxy resin market in Asia remained relatively steady in January 2025, with only minor fluctuations during the early weeks. Prices held firm with weekly variations in the first half of the month. However, post-mid-January, Epoxy resin prices witnessed a downward trend, despite marginal increases in feedstock costs. On January 17, Epoxy Resin prices declined by 1.4%, primarily due to abundant inventories and subdued market demand. As the Spring Festival approached, Epoxy resin manufacturers prioritized fulfilling early orders, while downstream industries began their holiday slowdown, reducing overall market activity.

Despite the mid-month decline, Epoxy resin producers managed to maintain firm pricing for the week ending January 24. However, market analysts anticipate a partial price increase in the coming weeks due to sustained cost pressures from feedstock materials. This suggests that while short-term demand remains weak, cost-driven adjustments could support Epoxy resin prices in the near future.

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