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Petroleum Resin Price Trend and Forecast

UNSPC code: 13111059
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âźł 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-Watch’s most active coverage of Petroleum Resin price assessment:

  • C9 Resin FOB Kaohsiung, Taiwan
  • C9 Resin CIF Nhava Sheva (China), India
  • C9 Resin Ex-Mumbai, India
  • C9 Resin CIF Nhava Sheva (Taiwan), India
  • C9 Resin CIF Haiphong (Taiwan), Vietnam
  • C9 Resin FOB Shanghai, China
  • C9 Resin CIF Alexandria (China), Egypt
  • C9 Resin CIF Manila (China), Philippines
  • C9 Resin CIF Haiphong (China), Vietnam

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 Kaohsiung, Taiwan, 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 Analysis: 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.

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 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. 

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 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 Market Price Trend 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.

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