Login
Book a demo
Start 30-Day Free Trial
Start 30-Day Free Trial
Start 30-Day Free Trial
Start 30-Day Free Trial

Petroleum Resin Price Trend and Forecast

⟳ Weekly Update
|
Historical Data Since 2015
|
Forecast for 2026

petroleum resin Markets Covered:

twTaiwan
inIndia
vnVietnam
phPhilippines
bnBrunei
mmMyanmar
khCambodia
idIndonesia
laLaos
myMalaysia
sgSingapore
thThailand
tlTimor-Leste

Global petroleum resin Price Trend, Analysis and Forecast​

During Q1 2025, the global Petroleum Resin C9 market reflected divergent regional movements. FOB Taiwan prices continued to rise by 3.89% FOB Taiwan price $1230/MT as compared to last Quarter, marking consistent demand from overseas buyers. CIF Vietnam (Taiwan origin) also increased by 3.65%, supported by stable industrial consumption. In contrast, FOB China declined by 2.65%, signaling softening local demand. Exports from China followed the same trend: CIF Egypt fell by 3.46%, CIF Philippines declined by 2.45%, and CIF Vietnam (China origin) dropped by 2.88%, indicating a broader pullback in regional buying and increased caution among importers. 

Petroleum ResinTrend Analysis: Q2 2025

During Q1 2025, the global Petroleum Resin C9 market reflected divergent regional movements. FOB Taiwan prices continued to rise by 3.89% FOB Taiwan price $1230/MT as compared to last Quarter, marking consistent demand from overseas buyers. CIF Vietnam (Taiwan origin) also increased by 3.65%, supported by stable industrial consumption. In contrast, FOB China declined by 2.65%, signaling softening local demand. Exports from China followed the same trend: CIF Egypt fell by 3.46%, CIF Philippines declined by 2.45%, and CIF Vietnam (China origin) dropped by 2.88%, indicating a broader pullback in regional buying and increased caution among importers. 

In Q1 2025, the Indian Petroleum Resin C9 market stayed on a firm footing. CIF India prices from Taiwan rose to INR 112,240/MT, reflecting a 5.49% increase over the previous quarter, driven by post-festive restocking and healthy demand from adhesives, road-marking, and packaging sectors. CIF prices from China remained flat at INR 95,854/MT, showing 0.00% change, as Chinese exports stabilized after strong year-end shipments. On the domestic front, Ex-Mumbai prices rose modestly to INR 118,511/MT, a 1.65% increase, supported by consistent offtake and controlled inventories across key regions. 

Petroleum Resin Trend Analysis: Q4 2024

In Q4 2024, most markets saw moderate positive growth. FOB Taiwan rose by 1.63%, and CIF Vietnam (Taiwan) edged up by 1.42%, continuing their stable upward trend. FOB China rebounded strongly with a 6.99% increase, reversing Q3’s decline. Exports from China also improved: CIF Egypt was up 2.66%, CIF Philippines increased by 6.41%, and CIF Vietnam (China) rose by 3.54%, reflecting stronger year-end restocking and improved demand across construction and adhesives sectors. 

In Q4 2024, prices continued their upward momentum. CIF Taiwan prices increased to INR 106,400/MT, up 3.11%, while CIF China prices rose significantly to INR 95,858/MT, a 7.53% increase driven by tightened export availability and firm local demand in China. In India, festive season activity, especially in paints, footwear, and adhesives, supported stronger buying interest. Ex-Mumbai prices climbed to INR 116,583/MT, marking a 5.50% rise, as importers passed on higher landed costs to downstream consumers preparing for year-end consumption peaks. 

During Q3 2024, the trend split between Taiwanese and Chinese origin. FOB Taiwan climbed 4.86%, and CIF Vietnam (Taiwan) jumped 7.53%, driven by firm demand in Southeast Asia. Meanwhile, FOB China dropped by 2.95%, showing domestic market weakness. Export pricing from China was mixed: CIF Egypt increased by 5.08%, CIF Philippines remained flat (0.00%), and CIF Vietnam (China) declined by 1.47%, signaling uneven regional demand. 

In Q3 2024, the market remained active and bullish. CIF Taiwan prices surged to INR 103,195/MT, reflecting a 6.76% increase on the back of strong post-monsoon industrial demand and tighter resin availability from Taiwan. In contrast, CIF prices from China dipped slightly to INR 89,149/MT, a -0.99% decrease, due to improved supply from Chinese plants and stable freight conditions. Despite this, Indian buyers continued to purchase steadily, and Ex-Mumbai prices edged up to INR 110,500/MT, up 0.55%, supported by domestic restocking and seasonal demand in road construction and coatings. 

In Q2 2024, the market gained momentum across the board. FOB Taiwan rose 2.02%, while CIF Vietnam (Taiwan) increased by 2.52%, both supported by active restocking. FOB China surged by 4.95%, while exports also saw strong gains: CIF Egypt rose by 5.73%, CIF Philippines by 5.18%, and CIF Vietnam (China) by 5.32%, boosted by healthier demand from adhesives, packaging, and road-marking sectors. 

In Q2 2024, Petroleum Resin C9 prices climbed steadily in India. CIF Taiwan prices reached INR 96,664/MT, up 2.80%, fueled by stable demand in packaging, printing inks, and pressure-sensitive adhesives. CIF China prices also rose to INR 90,044/MT, a 5.76% increase, as Chinese producers raised offers amid domestic supply tightening. Indian traders actively secured volumes in advance of the monsoon slowdown. Ex-Mumbai prices mirrored this upward trend, increasing to INR 109,900/MT, a 0.67% rise, as higher input costs were gradually reflected in local pricing. 

During Q1 2024, the market began the year with mixed signals. FOB Taiwan slipped by 0.91%, while CIF Vietnam (Taiwan) increased by 2.67%, reflecting regional demand resilience. FOB China fell sharply by 6.20%, and this weakness extended to export markets: CIF Philippines declined by 2.85%, and CIF Vietnam (China) fell by 2.18%. However, CIF Egypt bucked the trend with a 2.86% rise, likely due to continued demand from infrastructure and industrial sectors. 

In Q1 2024, the market opened the year with moderate strength. CIF India prices from Taiwan were INR 94,033/MT, showing a 1.24% increase, driven by early-year procurement from tire, rubber, and resin-blending industries. In contrast, CIF China prices declined to INR 85,138/MT, down -2.97%, as Lunar New Year holidays in China reduced local operations and pushed exporters to offer discounts. Domestically, Ex-Mumbai prices were at INR 109,166/MT, a 6.06% rise, as Indian distributors responded to early-year restocking across key industrial zones. 

petroleum resin Parameters Covered: 

  • Crude Oil
  • C9 Aromatic Hydrocarbon Fractions
  • Catalysts
  • Taiwan
  • China
  • Adhesives and Sealants (Used as a tackifier in hot melt adhesives (HMA), pressure-sensitive adhesives (PSA), and rubber-based adhesives, improving stickiness and bonding strength.)
  • Rubber and Tire Industry (C9 resins improve flexibility, adhesion, and processing in rubber compounds used in tires, conveyor belts, and hoses.)
  • Road Marking Paint (Improves adhesion, flexibility, and durability in thermoplastic road marking paints (when blended with EVA or PE).)
  • Vietnam
  • India
  • Egypt
  • Philippines

Historically, several events have caused significant fluctuations in Petroleum Resin prices

  • Energy Crisis (2022-Present): Rising crude oil prices and supply chain disruptions resulting from the war in Ukraine have contributed to higher feedstock costs, which in turn have driven up petroleum resin prices in the APAC region. 
  • India’s Expanding Petrochemical Industry (2010s-Present): The development of new refineries and increased domestic resin production capacity in India has helped stabilize supply in the region, though periodic maintenance shutdowns and labor issues can still cause price fluctuations. 
  • Geopolitical Tensions in the South China Sea (2021-2023): Disruptions in shipping routes and tensions over trade policies between major economies in the region have led to intermittent supply chain bottlenecks, impacting resin production and pricing. 
  • China’s Zero-COVID Policy (2020-2022): The stringent lockdowns and factory shutdowns in China led to a temporary collapse in resin production, which caused a sharp price surge as global demand recovered. 
  • COVID-19 Pandemic (2020): The initial drop in demand was followed by a sharp recovery as industries such as construction, automotive, and packaging ramped up production, causing price volatility in the resin market. 
  • U.S.-China Trade War (2018-2019): Tariffs on petrochemical imports disrupted the global resin trade, particularly impacting supply flows from China to key markets like India and Japan, leading to regional price fluctuations. 

 

These historical events highlight the petroleum resin market’s sensitivity to global disruptions, emphasizing the need for close monitoring of supply chain dynamics, regional policy changes, and geopolitical developments in the APAC region. 

Specifications

Full specifications details displayed here.. 

Lorem Ipsum Dummy Text with Bullet Points
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit.
  • Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
    • Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
  • Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  • Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. 
 
Dummy Data Table
 
Header 1 Header 2Header 3
Row 1, Cell 1Row 1, Cell 2Row 1, Cell 3
Row 2, Cell 1Row 2, Cell 2Row 2, Cell 3
Row 3, Cell 1Row 3, Cell 2Row 3, Cell 3

Historically, several events have caused significant fluctuations in Petroleum Resin prices

  • Energy Crisis (2022-Present): Rising crude oil prices and supply chain disruptions resulting from the war in Ukraine have contributed to higher feedstock costs, which in turn have driven up petroleum resin prices in the APAC region. 
  • India’s Expanding Petrochemical Industry (2010s-Present): The development of new refineries and increased domestic resin production capacity in India has helped stabilize supply in the region, though periodic maintenance shutdowns and labor issues can still cause price fluctuations. 
  • Geopolitical Tensions in the South China Sea (2021-2023): Disruptions in shipping routes and tensions over trade policies between major economies in the region have led to intermittent supply chain bottlenecks, impacting resin production and pricing. 
  • China’s Zero-COVID Policy (2020-2022): The stringent lockdowns and factory shutdowns in China led to a temporary collapse in resin production, which caused a sharp price surge as global demand recovered. 
  • COVID-19 Pandemic (2020): The initial drop in demand was followed by a sharp recovery as industries such as construction, automotive, and packaging ramped up production, causing price volatility in the resin market. 
  • U.S.-China Trade War (2018-2019): Tariffs on petrochemical imports disrupted the global resin trade, particularly impacting supply flows from China to key markets like India and Japan, leading to regional price fluctuations. 

 

These historical events highlight the petroleum resin market’s sensitivity to global disruptions, emphasizing the need for close monitoring of supply chain dynamics, regional policy changes, and geopolitical developments in the APAC region. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global petroleum resin price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the petroleum resin market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence petroleum resin prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely petroleum resin market data.

Track PriceWatch's petroleum resin price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: We aggregate real-time pricing data from various sources, including global commodity exchanges, trade publications, and proprietary industry databases. This ensures that our petroleum resin pricing assessments reflect the most accurate and up-to-date market conditions. 
  • On-the-Ground Intelligence: Our team collects direct feedback from key market participants, including manufacturers, distributors, and end-users of petroleum resins, across critical production hubs. This first-hand intelligence provides valuable insights into localized market shifts and demand fluctuations. 
  • Supply Chain Monitoring: We monitor the entire supply chain for petroleum resins, from the procurement of raw materials (e.g., naphtha, aromatic hydrocarbons) to production, distribution, and delivery. This includes tracking feedstock prices, production capacity updates, and logistics, all of which influence resin pricing. 

Event Tracking and Impact Analysis​

  • Geopolitical Factors: Our research continuously tracks global geopolitical developments, such as supply disruptions, trade policies, or regional conflicts, which could impact petroleum resin prices. We analyze how these events affect raw material sourcing, production costs, and global trade flows. 
  • Natural Disasters and Environmental Factors: We assess the impact of natural disasters (hurricanes, floods, earthquakes) or environmental regulatory changes that may affect production facilities, particularly in key resin-producing regions like Southeast Asia and the Middle East. This allows us to anticipate price fluctuations due to plant outages or regulatory shifts. 
  • Macroeconomic Trends: We evaluate global economic indicators, such as GDP growth rates, inflation, and sector-specific demand drivers (e.g., adhesives, coatings, packaging), to understand how economic shifts influence resin demand and pricing. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global petroleum resin production facilities, tracking their operational status, production capacities, and maintenance schedules. This allows us to provide accurate, real-time assessments of resin supply availability. 
  • Future Capacity Projections: Our research includes forward-looking analysis on planned expansions, new plant constructions, and the introduction of advanced production technologies. We also consider how these factors could affect future resin availability and potential pricing trends.

Demand Forecasting

  • Sector-Specific Demand Analysis: We analyze demand trends across major sectors that use petroleum resins, including automotive, construction, packaging, and consumer goods. By examining historical consumption patterns and forecasting future industry growth, we can predict resin demand across regions and sectors. 
  • Global Demand Dynamics: We track regional variations in resin demand, factoring in shifts in manufacturing hubs, emerging market growth, and trade policies. This analysis helps us understand how regional demand changes impact global petroleum resin pricing.

Pricing Model Development

  • Dynamic Pricing Models: Our proprietary pricing models are based on econometric analysis, incorporating real-time data, historical price movements, production costs, and supply-demand forecasts. These models are refined continuously to ensure they provide accurate, predictive pricing insights for petroleum resins. 
  • Scenario Analysis: We conduct comprehensive scenario analysis, examining a range of possible market conditions, such as shifts in crude oil prices, changes in feedstock availability, and geopolitical events. This helps us present best-case, worst-case, and most likely price forecasts, enabling our clients to prepare for various market outcomes.

Reporting and Client Support

  • Comprehensive Reports: We provide our clients with detailed reports that include up-to-date petroleum resin pricing assessments, market trends, and price forecasts. These reports offer actionable insights and recommendations, helping businesses stay ahead of market developments and make informed pricing decisions. 
  • Ongoing Support: Our team provides continuous support and updates to clients, ensuring they have access to the latest market information. We offer tailored advice and insights on specific market developments, helping our clients navigate the complexities of the petroleum resin market. 

This research methodology ensures that we deliver the most accurate, timely, and actionable petroleum resin pricing assessments, empowering our clients to stay ahead of market trends and optimize their business strategies. 

Petroleum Resin price provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for petroleum resin. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The pricing of Petroleum Resin is influenced by several factors, including the cost of crude oil and natural gas, which serve as key raw materials in its production. Additionally, fluctuations in supply and demand within industries such as adhesives, paints, coatings, and rubber processing play a significant role. Energy costs, global crude oil price trends, and environmental regulations can also impact production expenses. Furthermore, trade tariffs, geopolitical tensions, and transportation costs are external elements that can lead to variability in Petroleum Resin prices across different regions.

Regional production has a strong influence on Petroleum Resin pricing. Areas with established production facilities, such as the Asia-Pacific region and North America, benefit from lower transportation costs and more competitive pricing due to local availability of raw materials. In contrast, regions that rely on imports, like parts of Europe or emerging markets, may face higher prices due to shipping costs, import duties, and potential delays in supply chains. Additionally, local demand in industries like adhesives and coatings can further affect regional pricing dynamics.

Petroleum Resin pricing has been volatile in recent years due to fluctuations in crude oil prices and raw material availability. The latest trend shows a slight upward pressure on prices, driven by energy costs and tighter global supply chains. To secure better rates, buyers can consider locking in long-term contracts, monitoring global oil price trends, and leveraging bulk purchasing to secure volume discounts. It is also advisable to stay informed about regional supply conditions and explore alternative sourcing strategies to minimize exposure to price volatility.

Start 30-Day Free Trial

PriceWatch Login