resorcinol Pricing Assessment

Markets Covered:

United States

Brazil

China

India

Thailand

Japan

Netherlands

Vietnam

Belgium

Resorcinol Price Trend, Analysis and Forecast

As of July 2024, Resorcinol prices are stable. The Asia Pacific region is the largest consumer resorcinol, where Japan is primary exporter of resorcinol due to high consumer demand and a strong presence of end-use industries.

In Q1, 2024, the Resorcinol market in Asia Pacific saw a slight decrease in prices, with a fall of 4%. This is due to the typical applications of resorcinol market.

However, in Q2,2024, the resorcinol market in Asia Pacific saw a subside in prices, with a decrease of 1%. This is due to the various economy and market specific factors which also includes feedstock market.

InQ3, 2024, the Asia Pacific region is anticipated to lead the resorcinol market during this period. This is due to the high demand and supply from the downstream industries.

In Q4, 2024, the price trend for Resorcinol will be shaped by variations in both production levels and demand. These fluctuations will play a key role in determining how resorcinol prices move during this period.

Why ?

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

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

Track 's resorcinol 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.

Historically, several events have caused significant fluctuations in resorcinol prices

Russia-Ukraine Conflict (2022): The ongoing conflict has underscored the interconnectedness of global supply chains and the potential for geopolitical events to disrupt specific industries.

COVID-19 Pandemic (2020): The pandemic presented challenges, it also created opportunities for growth in specific applications of resorcinol, highlighting the need for flexibility and resilience in the chemical supply chain.

Geopolitical Tensions (2018-2019): Geopolitical tensions during this period contributed to uncertainty and volatility in the resorcinol market, prompting businesses to adapt their strategies to navigate these challenges.

These events underscore the resorcinol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

resorcinol Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major resorcinol production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire resorcinol supply chain, from raw material availability (e.g., benzene, propylene) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact resorcinol prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on resorcinol production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in resorcinol demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global resorcinol production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming resorcinol production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global resorcinol pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast resorcinol prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable resorcinol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

110.11 g/mol

CAS No

108-46-3

HS Code

29072100

Molecular Formula

C6H6O2

resorcinol

Resorcinol is a colorless to pale yellow compound used in manufacturing adhesives, rubber chemicals, and pharmaceuticals. It is also employed in hair dyes and as a disinfectant. The primary feedstock for resorcinol production is benzene, which undergoes a series of chemical processes, including hydroxylation, to produce this versatile and important industrial chemical.

Packaging Type

25 Kg Bags

Grades Covered

Industrial Grade

Incoterms Used

FOB China, FOB Japan, CIF Santos (China), CIF Bangkok (China), CIF Rotterdam (China), CIF Haiphong (China), Antwerp (Japan), Houston (Japan), Nhava Sheva (Japan)

Synonym

m-dihydroxybenzene

Quotation Terms:

10-15 MT 25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Items	Units	Symbols	Standard Values
Appearance	─	=	White flakes
Crystallization Point	%	≥	109
Content of Resorcinol	%	≥	99
Resorcinol	%	≤	99.5
Hydroquinone	%	≤	0.05
Pyrocatechol	%	≤	0.05
Phenol	%	≤	0.05

Applications

It is employed as an antiseptic and disinfectant in topical pharmaceuticals for treating skin conditions and infections, including acne, seborrheic dermatitis, eczema, psoriasis, corns, calluses, and warts. Resorcinol has keratolytic properties, aiding in the removal of hard, scaly, or rough skin.

Disclaimer

Resorcinol price provided by 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 resorcinol. 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.

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Frequently asked questions

What factors influence commodity prices in resorcinol? +

Several factors influence commodity prices in resorcinol, including:

Raw Material Costs: Prices of feedstocks like benzene and other petrochemical derivatives directly affect resorcinol production costs.

Supply and Demand: Demand from key industries such as automotive, healthcare, and chemicals can influence market prices.

Production Capacity: Changes in production capabilities, including plant shutdowns or expansions, can impact supply and thus prices.

Regulatory Changes: Environmental or safety regulations can affect production methods and costs, influencing pricing.

Economic Conditions: Global economic health, trade policies, and currency fluctuations play a role in commodity pricing.

Energy Prices: As energy is a significant cost in chemical production, fluctuations in oil or natural gas prices can directly impact resorcinol costs.

What is the relationship between commodity prices and inflation for resorcinol? +

The relationship between commodity prices and inflation for resorcinol is interconnected. As the prices of raw materials, such as benzene, rise due to inflationary pressures or supply chain disruptions, the production costs for resorcinol increase. These higher production costs are often passed on to consumers in the form of higher resorcinol prices.

Additionally, inflation typically raises costs across the entire economy, including energy and transportation, further contributing to increased production and distribution costs for resorcinol. Conversely, if inflation leads to decreased demand for goods and services, it may soften the demand for resorcinol, potentially stabilizing or reducing prices.

In summary, rising commodity prices due to inflation generally lead to higher resorcinol prices, impacting industries reliant on it.

How feedstock affects the commodity prices of resorcinol? +

Feedstock plays a significant role in determining the commodity prices of resorcinol. Since resorcinol is primarily produced from benzene, fluctuations in benzene prices directly impact the cost of resorcinol production.

Raw Material Costs: Any increase in the price of benzene, driven by supply and demand factors, geopolitical events, or changes in oil prices, will raise production costs for resorcinol. This can lead to higher prices for the final product.

Supply Chain Disruptions: Disruptions in the supply of feedstocks, such as shortages or delays in benzene production or transportation, can lead to price volatility in resorcinol.

Energy Costs: As the production of benzene and other feedstocks often requires significant energy inputs, rising energy prices (e.g., crude oil or natural gas) can increase feedstock costs, subsequently raising resorcinol prices.

In summary, the cost and availability of feedstocks like benzene are crucial in influencing the overall price dynamics of resorcinol in the market.