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    Home > Coatings News > Paints and Coatings Market > European epoxy resin prices in December may be the same as in November

    European epoxy resin prices in December may be the same as in November

    • Last Update: 2021-11-24
    • Source: Internet
    • Author: User
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    It is reported that despite low demand, low prices of imported goods and adequate supply exert downward pressure, the European epoxy resin prices in December may be the same as in November due to market concerns about rising raw material costs


    Most manufacturers said that December is the traditional off-season, in order to maintain meager profits, prices will be kept flat

    Buyers also generally expect prices to be flat, but one of them said that low demand may cause prices to fall


    However, one manufacturer said: “Considering that the cost of phenol is expected to rise sharply in December, there is no room for further decline in the price of epoxy resin

    ” Another manufacturer said that its price increase failed and eventually remained flat


    Although upstream raw materials are unlikely to have a substantial impact on prices before downstream demand increases in January next year, most market participants still pay close attention to the cost of raw materials

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