In Q1 2025, the resorcinol market in the Asia Pacific region saw a 4% price increase, driven by evolving market conditions. A major contributing factor was India’s anti-dumping investigation on resorcinol imports, which led to supply chain disruptions and cautious procurement strategies. Additionally, the seasonal transition from winter to early summer facilitated smoother logistics and trade activities, supporting steady demand. These elements collectively fueled the upward trend in resorcinol pricing.
In Q4 2024, the resorcinol market in the Asia Pacific region experienced a 1% price decline, influenced by shifting market dynamics. One key factor was volatility in key feedstocks, particularly sulfuric acid and benzene, which impacted production costs. Additionally, logistics challenges in shipping operations created supply bottlenecks, further pressuring prices. These elements contribute to the continued downward trend in resorcinol pricing.
In Q3 2024, the resorcinol market in the Asia Pacific region experienced a 2% decline in prices, driven by a combination of economic and industry-related factors. A key driver was excess domestic supply, which weakened the region’s ability to compete in global markets. Moreover, the appreciation of the yen affected export attractiveness, discouraging international procurement. Together, these elements contributed to a sustained downward trend in resorcinol pricing.
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.
In Q1 2024, the resorcinol market in the Asia Pacific region experienced a 4% price decline, influenced by various industry-specific factors. One of the primary reasons for this downturn was the moderation in demand from key downstream sectors, including adhesives, rubber production, and pharmaceuticals.
Q1 2025:
At the start of 2025, the resorcinol market rebounded in both segments. CIF Nhava Sheva rose 5%, reaching 382,000, indicating revived purchasing activity. Similarly, Ex-Mumbai prices increased by 5%, touching 549,800, reaffirming market confidence and possible supply chain adjustments.
Q4 2024:
The CIF Nhava Sheva market saw another 1% decrease, dropping to 365,478, suggesting continued market softness. Meanwhile, Ex-Mumbai sustained its bullish trend with an 8% price surge, climbing to 523,899, reflecting strong regional demand and improved trade conditions.
Q3 2024:
In Q3, both markets observed slight movements. CIF Nhava Sheva continued its downward trajectory with a 1% decrease, settling at 369,277, likely influenced by feedstock cost fluctuations. Ex-Mumbai, however, shifted upward, registering a 7% increase, bringing prices to 485,458—this growth signals renewed demand in domestic and export markets.
Q2 2024:
The CIF Nhava Sheva market stabilized, recording no change at 372,990, indicating price consolidation with balanced supply-demand conditions. Meanwhile, Ex-Mumbai experienced a minor 1% decline, falling to 453,169, suggesting marginal correction rather than significant volatility.
Q1 2024:
The market started the year with a decline in both CIF Nhava Sheva and Ex-Mumbai prices. CIF Nhava Sheva saw a 3% drop, settling at 373,801, while Ex-Mumbai witnessed a sharper 7% decline, reaching 455,562. This downward movement suggests weaker demand or increased supply pressure early in the year.
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These events underscore the resorcinol market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable resorcinol pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
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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.
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PriceWatch Quotation Terms:
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.
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.
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.
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.
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