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Petroleum Resin Price Trend and Forecast

UNSPC code: 13111059
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

petroleum resin Price Trends by Country

twTaiwan
inIndia
vnVietnam
phPhilippines
cnChina
egEgypt

Global petroleum resin Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Petroleum Resin across top trading regions:

Petroleum Resin Regional Coverage Petroleum Resin Grade and Country Coverage Petroleum Resin Pricing Data Coverage Explanation
Asia-Pacific Petroleum Resin Pricing Analysis  Petroleum Resin; Grade-C9 resin FOB Prices at Shanghai Port, China

 

 Weekly Price Update on Petroleum Resin Real-Time Export Prices from Shanghai Port, China to Global Markets
Petroleum Resin; Grade-C9 resin FOB Prices at Kaohsiung Port, Taiwan Weekly Price Update on Petroleum Resin Real-Time Export Prices from Kaohsiung Port, Taiwan to Global Markets
Petroleum Resin; Grade-C9 resin CIF Prices at Nhava Sheva Port, West India. Importing from Taiwan Weekly Price Update on Petroleum Resin Real-Time Import Prices at Nhava Sheva Port, West India, from Taiwan
Petroleum Resin; Grade-C9 resin CIF Prices at Haiphong Port, Vietnam. Importing from Taiwan Weekly Price Update on Petroleum Resin Real-Time Import Prices at Haiphong Port, Vietnam, from Taiwan
Petroleum Resin; Grade-C9 resin CIF Prices at Nhava Sheva Port, India. Importing from China Weekly Price Update on Petroleum Resin Real-Time Import Prices at Nhava Sheva Port, India, from China
Petroleum Resin; Grade-C9 resin CIF Prices at Manila Port, Philippines. Importing from China Weekly Price Update on Petroleum Resin Real-Time Import Prices at Manila Port, Philippines, from China
Petroleum Resin; Grade-C9 resin CIF Prices at Haiphong Port, Vietnam. Importing from China Weekly Price Update on Petroleum Resin Real-Time Import Prices at Haiphong Port, Vietnam, from China
Petroleum Resin; Grade-C9 resin Ex-Mumbai Prices, India Weekly Price Update on Petroleum Resin Real-Time Domestic Prices Ex-Mumbai, India
Middle East & Africa Petroleum Resin Pricing Analysis Petroleum Resin; Grade-C9 resin CIF Prices at Alexandria Port, Egypt. Importing from China Weekly Price Update on Petroleum Resin Real-Time Import Prices at Alexandria Port, Egypt, from China

Petroleum Resin Price Forecasts & Market Foresight Q3 2026

Outlook: Mildly Bearish to Strongly Bearish

Confidence: High

Petroleum Resin prices across China and Taiwan FOB markets are expected to trend mildly bearish to strongly bearish during Q3 2026, as prices correct from recent peak highs towards normalized levels, pressured by softer C9 feedstock costs, comfortable supply availability, and easing raw material tightness.

China and Taiwan FOB prices are likely to witness the sharper end of the correction, driven by improved feedstock availability, competitive export offers, and subdued downstream demand from adhesives, rubber, and coatings industries amid cautious buying sentiment.

Global Petroleum Resin Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
China C9 FOB Shanghai Bearish to Strongly Bearish
Taiwan C9 FOB Kaohsiung Mildly Bearish to Strongly Bearish
India C9 CIF Nhava Sheva (China) Bearish to Strongly Bearish
India C9 CIF Nhava Sheva (Taiwan) Bearish to Strongly Bearish
India C9 Ex-Mumbai Bearish to Strongly Bearish
Vietnam C9 CIF Haiphong (Taiwan) Mildly Bearish to Strongly Bearish
Vietnam C9 CIF Haiphong (China) Mildly Bearish to Strongly Bearish
Egypt C9 CIF Alexandria (China) Mildly Bearish to Strongly Bearish
Philippines C9 CIF Manila (China) Bearish to Strongly Bearish

* Petroleum Resin Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Petroleum Resin Forecast

Access comprehensive Petroleum Resin market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Petroleum Resin Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in Crude oil and Naphtha feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global Petroleum Resin market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

 

Track Petroleum Resin Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Petroleum Resin markets.

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Petroleum Resin Price Trend Q2 2026

In Q2 2026, the global Petroleum Resin Price Index trended upward, with gains ranging from 15% to 25% across major producing and importing markets, rooted in tight C9 hydrocarbon stream availability as the Iran-Israel geopolitical tensions disrupted naphtha steam cracker operating rates and co-product recovery.

Since Petroleum Resin is manufactured via cationic polymerization of unsaturated hydrocarbon fractions, primarily piperylene, dicyclopentadiene, and C9 aromatics recovered from cracker pyrolysis gasoline, any constraint on cracker feedstock economics directly limits resin output. The Petroleum Resin Price Chart showed prices holding firm through April, as tight feedstock supply and elevated freight costs pressured hot melt adhesive, printing ink, rubber compounding, and tire manufacturing applications worldwide.

As geopolitical tensions eased through May, cracker throughput and feedstock flows began normalizing. By June 2026, the Petroleum Resin Price Index softened from its quarterly highs, reflecting improved C9 feedstock availability and a gradual rebalancing of global supply-demand dynamics.

China: Petroleum Resin Export prices FOB Shanghai, China; Grade-C9 resin

In the second quarter of 2026, the price of Petroleum Resin in China increased by an average of 22% compared to the first quarter, due to heightened geopolitical tensions between Iran and Israel impacting the availability of C9 hydrocarbon streams from naphtha steam crackers, which serve as the main feedstock for producing aliphatic and aromatic petroleum resins through cationic polymerization.

The Petroleum Resin price trend in China remained stable during April, as lower cracker utilization rates limited the supply of piperylene, dicyclopentadiene, and the C9 aromatic fraction, while high catalyst and energy costs added stress to production economics amid continuous demand from the hot melt adhesive, printing ink, and rubber compounding industries.

With the reduction of geopolitical risk in May, cracker throughput and co-product recovery started to enhance. In June 2026, the Petroleum Resin price in China adjusted from its quarterly peak, indicating better availability of C9 feedstock and stabilizing operational rates of polymerization units.

Taiwan: Petroleum Resin Export prices FOB Kaohsiung, Taiwan; Grade-C9 resin

In Q2 2026, the price of Petroleum Resin in Taiwan rose by an average of 15% from the first quarter, fueled by limited C9 aromatic feedstock availability from local naphtha crackers due to wider disruptions caused by the Iran-Israel conflict. Throughout April, the Petroleum Resin price trend in Taiwan stayed high due to restricted feedstock availability and increased energy expenses in hydrogenation and polymerization processes, despite stable demand from adhesive, coating, and rubber tackifier sectors.

With tensions easing in May, feedstock throughput started to recover. In June 2026, the Petroleum Resin price in Taiwan declined, following better availability of the C9 stream and decreasing costs for cracker feedstock.

India: Petroleum Resin Domestic Traded price Ex Mumbai, India; Grade-C9 resin

In Q2 2026, the Petroleum Resin price in India for domestic Mumbai market climbed by an average of 25% over the first quarter, the steepest rise among the covered markets, driven by acute C9 hydrocarbon feedstock tightness, reduced domestic cracker co-product recovery, and elevated import costs for supplementary feedstock cargoes amid the Iran-Israel geopolitical tensions.

The Petroleum Resin price trend in India remained sharply elevated through April, as limited feedstock allocation and strong pull demand from adhesive, tire, and rubber compounding manufacturers kept domestic prices under intense upward pressure. As the geopolitical situation gradually normalized through May, feedstock flows began recovering. In June 2026, the Petroleum Resin price in India corrected downward from its quarterly peak, supported by improved feedstock availability and stabilizing cracker operating rates.

Egypt: Petroleum Resin Import prices CIF Alexandria, Egypt; Grade-C9 resin

In Q2 2026, the Petroleum Resin price in Egypt as an importing country rose by an average of 18% compared to the first quarter, driven by tight global C9 feedstock supply and elevated freight and insurance costs linked to the Iran-Israel geopolitical tensions affecting regional shipping and transit routes.

The Petroleum Resin price trend in Egypt remained firm through April, as import constraints and cautious restocking by adhesive and rubber compounding manufacturers kept landed costs elevated. As the geopolitical situation gradually normalized through May, cost pressures began to ease. In June 2026, the Petroleum Resin price in Egypt softened, reflecting improved feedstock supply chains and stabilizing freight rates.

Philippines: Petroleum Resin Import prices CIF Manila, Philippines; Grade-C9 resin

In Q2 2026, the Petroleum Resin price in the Philippines surged by an average of 22% over the first quarter, driven by tight C9 hydrocarbon feedstock availability from source naphtha crackers and elevated tanker freight costs stemming from the Iran-Israel conflict. The Petroleum Resin price trend in the Philippines remained elevated through April, as import scarcity and strong pull demand from hot melt adhesive, printing ink, and rubber processing manufacturers kept landed costs under pressure.

As geopolitical risk eased through May, feedstock and cargo flows began recovering. In June 2026, the Petroleum Resin price in the Philippines corrected downward, reflecting improved feedstock supply and easing freight-related cost pressures.

Vietnam: Petroleum Resin Import prices CIF Haiphong, Vietnam; Grade-C9 resin

In Q2 2026, the Petroleum Resin price in Vietnam as an importing country increased in the range of 15-20% versus Q1, as regional shortages of C9 hydrocarbon feedstock cuts, aggravated by the Iran-Israel geopolitical tensions, combined with elevated freight costs to tighten import cargo availability.

The Petroleum Resin price trend in Vietnam held firm through April, supported by steady offtake from hot melt adhesive and printing ink formulators despite constrained feedstock-derived resin supply. As geopolitical risk began easing through May, cargo availability started improving. In June 2026, the Petroleum Resin price in Vietnam moderated, reflecting better feedstock throughput from regional crackers and softening freight costs.

Petroleum Resin Price Trend Analysis: Q1 2026

Petroleum Resin Price Trend Q1 2026

The petroleum resin price trend has been steady in the first few months of Q1 2026 owing to balanced demand and supply and moderate inventories. But starting March, there is an increase in prices because of disruption in supply due to geopolitics affecting the Middle East.

This caused disruption in raw material supplies, resulting in higher transportation costs, thus tightening supplies. Restocking is observed at this juncture among the buyers, which contributed to the price increase temporarily.

China: Petroleum Resin Export prices FOB Shanghai, China; Grade-C9 resin

The petroleum resin price trend in China during Q1 2026 has maintained its stability when compared to the previous quarter average owing to balance between demand and supply of the commodity and sufficient availability of the required raw materials. The Petroleum Resin price in China during Q1 2026 has been relatively stagnant due to the stable purchasing of this product.

According to Price-Watchâ„¢ , in March 2026, Petroleum Resin price in China has witnessed an increase of 7.00% compared to the average of the previous month, largely influenced by issues in supplies triggered by the ongoing war in the Middle East, which in turn has affected freight costs and feedstock supplies, necessitating re-stocking activities.

Taiwan: Petroleum Resin Export prices FOB Kaohsiung, Taiwan; Grade-C9 resin

The petroleum resin price trend in Taiwan has been almost unchanged in Q1 2026, falling 1.00% compared to the previous quarter average due to balanced supply-demand relationships. The Petroleum Resin price in Taiwan has stayed relatively stable since the market players have procured at a normal pace, and there has been sufficient stock on hand.

In March 2026, Petroleum Resin price in Taiwan has risen by 6.00% when compared to the previous month’s average due to supply constraints arising from the Middle East War.

India: Petroleum Resin Domestic Traded price Ex Mumbai, India; Grade-C9 resin

During the first quarter of 2026, the Petroleum Resin price in India witnessed an increase of 2.50% in India compared to its previous quarter average, underpinned by stronger downstream demand and relatively tight supply.

The petroleum resin price trend in India recorded a steady upward movement, as higher purchases are made by buyers for stocking purposes due to escalating prices of raw materials and energy. In March 2026, Petroleum Resin price in India registered an increase of 9.00% compared to its previous month average, mainly on account of shortages in supply due to the Middle East War.

Egypt: Petroleum Resin Import prices CIF Alexandria, Egypt; Grade-C9 resin

In Q1 2026, the petroleum resin price trend in Egypt increased by 3.00% as compared to the previous quarter average, supported by firmer downstream demand and slightly tighter supply conditions. The Petroleum Resin price in Egypt showed a gradual upward trend as buyers increased procurement to maintain inventory levels.

In March 2026, Petroleum Resin price in Egypt rose by 3.50% as compared to the previous month average, influenced by supply disruptions caused by the Middle East war, which affected feedstock availability and freight logistics. The quarter reflected moderate upward price momentum amid balanced supply-demand fundamentals.

Philippines: Petroleum Resin Import prices CIF Manila, Philippines; Grade-C9 resin

In Q1 2026, the petroleum resin price trend in the Philippines remained almost flat, declining by 1.00% as compared to the previous quarter average, supported by balanced supply-demand dynamics and controlled inventory levels. The Petroleum Resin price in the Philippines showed minimal movement, reflecting steady procurement and moderate downstream demand.

In March 2026, Petroleum Resin price in Philippines increased by 7.00% as compared to the previous month average, primarily due to supply disruptions caused by the Middle East war, which tightened feedstock availability and raised logistics costs. These factors prompted restocking activity and short-term upward price pressure.

Vietnam: Petroleum Resin Import prices CIF Haiphong, Vietnam; Grade-C9 resin

In Q1 2026, the petroleum resin price trend in Vietnam remained almost stable as compared to the previous quarter average, supported by balanced supply-demand conditions and controlled inventory levels. The Petroleum Resin price in Vietnam showed limited movement, reflecting steady procurement and consistent downstream demand.

In March 2026, the Petroleum Resin price in Vietnam increased by 7.00% as compared to the previous month average, largely driven by supply disruptions caused by the Middle East war, which tightened feedstock availability and raised logistics costs. These factors prompted restocking activity and short-term upward price pressure.

Petroleum Resin Price Trend Analysis 2025

Petroleum Resin Price Trend Q1 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 Price Trend Q2 2025

According to the PriceWatch, In Q2 2025, Petroleum Resin price trend FOB for Taiwan basis recorded a decline, largely driven by weakened international demand and stable production levels. Key export markets showed reduced buying interest, particularly from sectors such as adhesives, coatings, and rubber compounding, as buyers maintained cautious procurement strategies amid broader economic uncertainty.

Taiwanese producers continued to operate at regular output rates, ensuring sufficient availability of material for export. With feedstock prices remaining relatively stable and no major disruptions in logistics, the price decrease was primarily demand-driven.

Competitive pricing pressure from regional suppliers further contributed to the downward movement. Overall, the FOB Taiwan Petroleum Resin market in Q2 reflected a softening trend, shaped by ample supply and muted global buying activity and stood at 1185 USD per ton by the quarter end.

According to the PriceWatch, In Q2 2025, Petroleum Resin price trend for FOB China basis experienced a clear decline, driven by subdued export demand and stable production activity. Overseas buyers, particularly from key regions such as Southeast Asia and the Middle East, reduced procurement volumes amid ongoing economic uncertainties and sufficient inventory levels.

Chinese producers maintained consistent output, resulting in ample supply and increased competition among exporters. Feedstock prices remained steady, and there were no major disruptions in supply chains, further reinforcing the downward pricing trend.

As a result, the FOB China market saw Petroleum Resin prices trending lower throughout the quarter and stood at 868 USD per ton by the end of quarter, reflecting a bearish sentiment influenced primarily by weak international demand and oversupply pressures.

According to the PriceWatch, In Q2 2025, Petroleum Resin price trend for CIF India basis (originating from Taiwan) registered a decline and stood at 107500 INR per ton by the quarter end, mainly driven by subdued demand and steady supply conditions.

Indian buyers, particularly in sectors such as adhesives, coatings, and rubber compounding, remained cautious in their procurement amid stable inventory levels and a lack of strong market momentum.

According to the PriceWatch, In Q2 2025, Petroleum Resin price trend for CIF India basis (originating from China) registered a decline and stood at 81500 INR per ton by the quarter end, mainly driven by subdued demand and steady supply conditions.

Indian buyers, particularly in sectors such as adhesives, coatings, and rubber compounding, remained cautious in their procurement amid stable inventory levels and a lack of strong market momentum.

According to the PriceWatch, In Q2 2025, Petroleum Resin price trend for Ex-Mumbai basis experienced a decrease, driven by cautious buying behavior and steady domestic supply. At the end of quarter prices were about 102000 INR per ton. Downstream industries such as adhesives, coatings, and rubber processing maintained conservative procurement amid sufficient inventory levels and uncertain market conditions.

Local producers continued regular production, ensuring ample availability of material in the region. Competitive pressure from imports and subdued demand further contributed to the softening of prices.

Petroleum Resin Price Trend Q3 2025

In Q3 2025, the global Petroleum resin price trend exhibited a mixed pattern, with prices remaining stable or experiencing slight declines across different regions. The market was characterized by balanced supply and demand in particular areas, while others faced softer demand and reduced freight costs, contributing to downward pressure. Overall, feedstock cost fluctuations, cautious buying behavior from downstream industries, and varying logistics expenses influenced the pricing dynamics.

In September 2025, Petroleum Resin prices continued to reflect this blend of stability and softness, as suppliers and buyers navigated a cautious market environment. In the future, the global price outlook is steady to slightly bearish, contingent upon raw material trends, freight developments, and industrial demand shifts in the coming months.

China: Petroleum Resin Export prices FOB Shanghai, China, Grade-C9 resin.

In Q3 2025, Petroleum Resin price trend in China remained mostly stable on an FOB basis, compared to the previous quarter. The Petroleum Resin price in China held steady due to balanced supply-demand conditions, with consistent output from domestic producers and stable consumption from the adhesives and rubber industries.

Feedstock costs remained within range, and no major disruptions were observed in the supply chain. In September 2025, Petroleum Resin price in China continued to reflect a flat trend, supported by steady export activity and cautious buyer sentiment. Going forward, the market is expected to maintain this stability unless there are significant changes in raw material pricing or external demand shifts.

Taiwan: Petroleum Resin Export prices FOB Shanghai, China, Grade-C9 resin.

In Q3 2025, Petroleum Resin price trend in Taiwan showed a slight decline of 1.5% on an FOB basis, compared to Q2 2025. The Petroleum Resin price in Taiwan was influenced by subdued demand from adhesives and coatings industries, along with stable production levels. The downward pressure on pricing was further supported by softening feedstock costs and increased competition from regional suppliers.

In September 2025, Petroleum Resin price in Taiwan remained under slight downward pressure, as the market continued to face limited spot activity and sufficient inventory levels. Looking ahead, prices are expected to stay soft unless demand improves notably or feedstock markets firm up.

India: Petroleum Resin Domestic Traded price Ex Mumbai, India, Grade-C9 resin.

According to Price-Watch, in Q3 2025, Petroleum Resin price trend in India showed an increase of 1.3% on an Ex Mumbai basis compared to Q2 2025. The Petroleum Resin price in India was supported by steady demand from the adhesives, rubber, and coatings sectors, along with a tightening in domestic supply. Rising logistics costs and marginal currency fluctuations also contributed to upward pricing pressure.

In September 2025, Petroleum Resin price in India reflected a firm tone, sustained by consistent consumption and cautious inventory management by buyers. The near-term outlook remains slightly bullish if demand holds and input costs remain elevated.

Egypt: Petroleum Resin Import prices CIF Alexandria, Egypt, Grade-C9 resin.

In Q3 2025, Petroleum Resin price trend in Egypt declined by approximately 5% on a CIF basis from China, compared to Q2 2025. The Petroleum Resin price in Egypt softened mainly due to a notable reduction in freight costs, which lowered overall landed prices despite stable FOB values in China. Weakened logistics pressure and improved shipping availability contributed to this decline.

In September 2025, Petroleum Resin price in Egypt remained on a downward trajectory, reflecting ongoing freight rate adjustments and steady supply from Chinese exporters. Going forward, prices may remain under mild pressure unless freight costs rebound or demand improves significantly.

Philippines: Petroleum Resin Import prices CIF Manila, Philippines, Grade-C9 resin.

In Q3 2025, Petroleum resin price trend in the Philippines recorded a 3% dip on a CIF basis compared to Q2 2025. The Petroleum Resin price in the Philippines was impacted by softened demand from the adhesives and packaging sectors, coupled with competitive regional offers and reduced freight rates. Suppliers adjusted pricing to stay aligned with broader Asian market trends.

According to Price-Watch, in September 2025, Petroleum Resin price in the Philippines continued to reflect a downward tone, driven by cautious buying activity and sufficient inventory levels. The short-term outlook remains slightly bearish unless regional demand shows signs of recovery.

Vietnam: Petroleum Resin Import prices CIF Haiphong, Vietnam, Grade-C9 resin.

In Q3 2025, Petroleum Resin price trend in Vietnam remained overall stable on a CIF basis from China, compared to the previous quarter. The Petroleum Resin price in Vietnam was supported by balanced supply and demand conditions, with steady imports from Chinese suppliers and consistent consumption in the adhesives and rubber industries.

Despite minor fluctuations in freight rates and raw material costs, overall pricing stayed firm. In September 2025, Petroleum Resin price in Vietnam continued to reflect stability, as market fundamentals remained largely unchanged. Barring any major shifts in feedstock pricing or regional demand, the stable trend is expected to stay in the next quarter.

Petroleum Resin Price Trend Q4 2025

Petroleum Resins’ pricing showed a modest reduction in Q4 2025 due to weak demand from consumers in the downstream segments like adhesives, paints & coatings, and rubber, coupled with adequate supply levels. Purchasers adopted a conservative purchasing approach, helped by adequate stock holdings, which prevented further price increases. December witnessed a similar pattern with some more price reductions, driven by consistent availability of raw materials and modest transaction volumes.

China: Petroleum Resin Export prices FOB Shanghai, China; Grade-C9 resin

The Petroleum Resin prices in China in Q4 2025 has fallen by 1.50% as compared to the previous quarter average on the back of weak demand from the adhesive, coating, and rubber industries against constant supply. The Petroleum Resin price trend in China in December has fallen by 1.00% as compared to the previous month average due to moderate buying interest along with adequate supplies of raw materials. In December 2025, Petroleum Resin price trend in China, there has been a small drop in prices with generally calm market circumstances.

Taiwan: Petroleum Resin Export prices FOB Kaohsiung, Taiwan; Grade-C9 resin

The Petroleum Resin price trend in Taiwan in Q4 2025 has decreased marginally by 1.00% when compared to the prior quarter’s average price level due to moderate demand levels for adhesives, coatings, and rubber sectors despite balanced supply. The Petroleum Resin price in Taiwan is experiencing mild downward pressure owing to consistent inventory levels and careful procurement by customers.

According to Price-Watchâ„¢ , in December 2025, Petroleum Resin price in Taiwan has decreased by 1.00% as compared to the prior month’s average price level due to sustained weak purchasing sentiment along with adequate availability of feedstocks.

India: Petroleum Resin Domestic Traded price Ex Mumbai, India; Grade-C9 resin

The Petroleum Resin price in India for the fourth quarter of 2025 has fallen by 1.00% when compared with the price trend of the third quarter of the year. The Petroleum Resin price trend in India has been weak demand from the adhesive, coating, and rubber segments, while supply remains balanced.

In December, Petroleum Resin price in India has fallen by 1.00% when compared with the previous month trend. The underlying factor for the downward trend in the price trend is a constant feedstock position and mild purchasing activity. Thus, in summary, the overall price trend for the current quarter has remained stable to lower.

Egypt: Petroleum Resin Import prices CIF Alexandria, Egypt; Grade-C9 resin

In Q4 2025, the Petroleum Resin price trend in Egypt declined by 2.50% as compared to the previous quarter average, pressured by soft demand from adhesives, coatings, and rubber industries amid sufficient supply. The Petroleum Resin price in Egypt remained under slight downward pressure due to cautious procurement and balanced inventories.

In December 2025, the Petroleum Resin price in Egypt increased by 1.00% as compared to the previous month average, reflecting modest restocking and stable feedstock availability. Overall, the quarter experienced mild price weakness with partial stabilization toward the end of the period.

Philippines: Petroleum Resin Import prices CIF Manila, Philippines; Grade-C9 resin

In Q4 2025, the Petroleum Resin price trend in the Philippines declined by 1.50% as compared to the previous quarter average, reflecting soft demand from adhesives, coatings, and rubber industries amid balanced supply. The Petroleum Resin price in the Philippines remained slightly under pressure due to cautious procurement and sufficient inventories.

In December 2025, Petroleum Resin price in the Philippines declined by 1.00% as compared to the previous month average, driven by steady buying activity and stable feedstock availability. Overall, the quarter is characterized by minor price weakness with largely stable market conditions.

Vietnam: Petroleum Resin Import prices CIF Haiphong, Vietnam; Grade-C9 resin

In Q4 2025, the Petroleum Resin price trend in Vietnam declined by 1.50% as compared to the previous quarter average, reflecting soft demand from adhesives, coatings, and rubber industries amid balanced supply. The Petroleum Resin price in Vietnam remained slightly under pressure due to cautious procurement and stable inventory levels.

In December 2025, Petroleum Resin price in Vietnam declined by 1.00% as compared to the previous month average, supported by steady feedstock availability and moderate buying activity. Overall, the quarter experienced minor price weakness with largely stable market dynamics.

Petroleum Resin Price Trend Q1 2024

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 Price Trend Q2 2024

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. 

Petroleum Resin Price Trend Q3 2024

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. 

Petroleum Resin Price Trend 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. 

Technical Specifications of Petroleum Resin Price Trends

Product Description

Petroleum Resin is a low molecular weight, thermoplastic hydrocarbon resin produced by the polymerization of by-products from the cracking of petroleum fractions such as C5, C9, or DCPD (dicyclopentadiene). These resins are typically amber to light yellow in colour, and while they are not chemically reactive, they are valued for their excellent adhesive, and compatibility properties. Petroleum resins are commonly categorized into C5 resins, C9 resins, C5/C9 copolymers, and hydrogenated resins, depending on their feedstock and processing.

Used extensively in hot melt adhesives (HMA), pressure-sensitive adhesives (PSA), rubber compounding, coatings, inks, sealants, and tapes, petroleum resins enhance adhesion, gloss, hardness, and film-forming properties. They also improve processability and performance when blended with elastomers, plastics, and other resins. Hydrogenated grades offer improved colour stability, UV resistance, and odour control for sensitive applications like hygiene products and food packaging adhesives.

Identifiers and Classification:

  • CAS No: 64742-16-1
  • HS Code: 39111090
  • Molecular Formula – C9H12
  • Molecular Weight (in gm/mol) – 120.19


Petroleum Resin Synonyms:

  • Hydrocarbon Resin
  • Petro Resin
  • Thermoplastic Hydrocarbon Resin
  • Aromatic Resin


Petroleum Resin Grades Specific Price Assessment:

  • C9 Resin


Petroleum Resin Global Trade and Shipment Terms

  • Quotation Terms: 10-15 MT
  • Packaging Type: 25 Kg Bag


Incoterms Referenced in Petroleum Resin Price Reporting

Shipping Term  Location  Definition 
FOB Kaohsiung  Kaohsiung, Taiwan  Petroleum Resin Export price from Taiwan 
FOB Shanghai  Shanghai, China  Petroleum Resin Export price from China 
CIF Nhava Sheva (Taiwan)  Nhava Sheva, India  Petroleum Resin import price in India from Taiwan 
CIF Haiphong (Taiwan)  Haiphong, Vietnam  Petroleum Resin import price in Vietnam from Taiwan 
CIF Nhava Sheva (China)  Nhava Sheva, India  Petroleum Resin import price in India from China 
CIF Alexandria (China)  Alexandria, Egypt  Petroleum Resin import price in Egypt from China 
CIF Manila (China)  Manila, Philippines  Petroleum Resin import price in Philippines from China 
CIF Haiphong (China)  Haiphong, Vietnam  Petroleum Resin import price in Vietnam from China 
Ex-Mumbai  Mumbai, India  Domestically Traded petroleum Resin price in Mumbai 

*Quotation Terms refers to the quantity range specified for the Petroleum Resin being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Petroleum Resin packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key Petroleum Resin Manufacturers

Manufacturer 
Shandong Qilong Chemical 
Henghe Materials & Science Technology Co 
Yuen Liang  
GO YEN CHEMICAL INDUSTRIAL CO., LTD. 

Petroleum Resin Industrial Applications

Petroleum-resin-market-end-use

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 Price Watchâ„¢?

Price Watchâ„¢ 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, Price Watchâ„¢ keeps you fully informed of market dynamics.

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

Track Price Watch'sâ„¢ 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.

Petroleum Resin Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

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.

Petroleum Resin (C9) is a hydrocarbon resin derived from the C9 fraction of crude oil, primarily composed of aromatic compounds such as indene, styrene, and methyl indene derivatives. It is widely used in adhesives, rubber compounding, coatings, inks, and road marking paints due to its tackifying, binding, and viscosity-modifying properties. Its price matters because it is a key raw material for multiple downstream industries, and fluctuations directly impact production costs and profit margins. Additionally, as a petrochemical derivative, C9 resin prices reflect crude oil trends, feedstock availability, and global market dynamics. Price-Watchâ„¢ monitors Petroleum resin prices to help businesses track market trends.

Petroleum resin prices vary by region, grade, and delivery terms, typically quoted per metric ton. Prices fluctuate based on supply-demand balance, feedstock costs, production capacity, and logistics. Price-Watchâ„¢ provides real-time assessments across global markets to guide buying and selling decisions.

The Petroleum resin market has recently been relatively stable to slightly firm, influenced by steady demand from adhesives, coatings, rubber, and ink industries. Prices are primarily affected by crude oil and hydrocarbon feedstock costs, production capacity, inventory levels, and regional industrial activity. Seasonal demand, logistics constraints, and environmental regulations can also affect short-term pricing. Overall, market trends reflect balanced supply-demand conditions, with significant price movements linked to feedstock volatility and downstream industrial demand.

The largest consumers of resin are adhesives, rubber, coatings, and inks industries. It is used as a tackifier in hot melt adhesives, to improve grip and flexibility in rubber, as a binder in inks and paints, and as a component in road marking and construction materials. Adhesives and coatings account for the majority of consumption globally, while specialty chemical applications also use significant volumes.

Petroleum resin is produced from the fraction of crude oil or naphtha during petroleum refining. The fraction, rich in nine-carbon aromatic hydrocarbons like indene, styrene, and methyl indenes, undergoes polymerization to form resins with desirable tackifying and binding properties. As a petrochemical derivative, its supply and pricing are closely linked to crude oil production, naphtha availability, and refining capacity.

China and South Korea are the largest exporters of Petroleum resin globally, supplying significant volumes to Asia, Europe, and the Americas due to their extensive petrochemical industries. Price-Watchâ„¢ tracks production levels, export flows, and trade patterns to help businesses identify sourcing opportunities.

Currently, global supply of Petroleum resin is generally sufficient to meet industrial demand. Production largely keeps pace with consumption, and inventories in major regions support stable pricing. Temporary tightness may occur due to plant maintenance or feedstock disruptions, but overall supply-demand balance is maintained. Long-term forecasts indicate steady growth in demand from adhesives, coatings, and rubber industries. Price-Watchâ„¢ monitors supply-demand dynamics to highlight potential shortages or surpluses.

Petroleum resin comes in different grades based on softening point, colour, and end-use applications, including standard grades for adhesives, high-tack grades for hot melt formulations, and specialty grades for coatings, inks, and rubber. Prices differ because higher-performance or specialty grades require more precise feedstock selection, polymerization control, and processing, while standard grades benefit from simpler production and larger-scale manufacturing.

When demand for Petroleum resin spikes, prices typically rise due to limited immediate supply, potentially causing temporary shortages. Short-term price spikes can be sharp as production capacity is relatively fixed, but over time, manufacturers may scale up output to stabilize prices. Higher resin costs can affect downstream industries like adhesives, coatings, and rubber, prompting higher product prices or alternative formulations. Price-Watchâ„¢ captures these market dynamics in real time.

Energy prices directly affect Petroleum resin costs because its production is energy-intensive, involving distillation and polymerization processes. Higher crude oil, natural gas, or electricity prices increase feedstock and operational expenses, pushing prices upward. Conversely, lower energy costs reduce production expenses, allowing suppliers to offer Petroleum resin at lower prices. Energy price volatility can influence both short-term and long-term pricing trends, which Price-Watchâ„¢ monitors.

Regional price variations result from differences in supply availability, local industrial demand, proximity to production facilities, transportation costs, energy prices, tariffs, taxes, and environmental regulations. Regions near petrochemical hubs benefit from lower logistics costs, while import-dependent areas face higher prices. Price-Watchâ„¢ tracks regional differences to highlight local market conditions.

Current market analysis suggests Petroleum resin prices are likely to remain stable to slightly firm in the near term, with limited upside unless feedstock costs rise sharply or downstream demand increases. Balanced supply and inventories in Asia, Europe, and North America support price stability, while seasonal demand or plant maintenance may cause modest increases. Long-term forecasts indicate gradual price growth driven by adhesives, coatings, and rubber applications. Price-Watchâ„¢ provides detailed projections based on supply-demand trends, feedstock costs, and macroeconomic indicators.

Yes. Accurate forecasts allow businesses to optimize procurement, budget effectively, and negotiate contracts. If Price-Watchâ„¢ predicts a price increase, companies can secure material at current rates or sign long-term contracts, reducing costs and protecting margins.

Events such as petrochemical plant outages, feedstock shortages, natural disasters, geopolitical tensions affecting crude oil or naphtha, transportation disruptions, or sudden demand changes in adhesives, coatings, or rubber can create supply shortages and price volatility. Price-Watchâ„¢ monitors these events and provides timely alerts on market impacts.

Price-Watchâ„¢ collects global data from manufacturers, distributors, and buyers to provide accurate price assessments, market reports, and forecasts. Its methodology and coverage make it a trusted source for understanding Petroleum resin pricing trends, regional differences, and market developments, helping businesses make informed procurement and investment decisions.

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