The global Petroleum Resin Price Trend in Q1 2026 remained mostly stable during the initial months due to balanced supply and demand conditions across major regions. However, in March 2026, the market experienced an upward shift in prices driven by geopolitical tensions in the Middle East, which disrupted raw material supply chains and increased freight costs.

These disruptions led to tighter availability of feedstock and encouraged buyers to increase restocking activities, which temporarily pushed prices higher across several regions.

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China Petroleum Resin Market Update

In China, the Petroleum Resin Market remained stable in early Q1 2026, supported by sufficient raw material availability and steady demand. Prices were relatively flat compared to the previous quarter.

However, in March 2026, FOB Shanghai export prices for Grade-C9 resin increased by around 7%, mainly due to supply disruptions caused by geopolitical tensions. Higher logistics costs and supply chain pressure further supported this upward movement.

Taiwan Market Overview

In Taiwan, the market showed slight weakness in Q1 2026, with prices declining marginally by around 1% compared to the previous quarter. Stable procurement and sufficient inventories kept the market balanced.

However, March saw a recovery, with prices increasing by nearly 6% due to global supply tightness and increased transportation costs.

India Petroleum Resin Market

The Indian market showed moderate growth during Q1 2026, with prices rising by about 2.5% compared to the previous quarter. Strong downstream demand and tighter supply conditions supported this increase.

In March, prices jumped nearly 9% due to supply shortages and higher raw material costs, driven by global geopolitical disruptions.

Egypt Market Situation

Egypt’s import market recorded a 3% increase in Q1 2026, supported by steady demand and controlled inventory levels. Buyers increased procurement to secure supplies.

In March 2026, prices rose further by 3.5%, influenced by supply chain disruptions and higher freight costs.

Philippines Market Trend

The Philippines market remained mostly stable in Q1 2026, showing a slight decline of 1% compared to the previous quarter. Demand remained consistent with balanced inventory levels.

However, March brought a sharp increase of around 7% due to supply disruptions and rising logistics costs.

Vietnam Market Overview

Vietnam also recorded a stable trend in Q1 2026 with minimal price movement. Demand remained steady, and supply conditions were well balanced.

In March, prices increased by approximately 7% due to tightening supply and increased transportation costs.

Petroleum Resin Forecast for Upcoming Quarters

The Petroleum Resin Forecast suggests that market volatility may continue in the short term due to geopolitical uncertainty and fluctuating feedstock prices. However, long-term demand is expected to remain stable, supported by growth in adhesives, coatings, and printing ink industries.

Petroleum Resin Pricing Outlook

Overall Petroleum Resin Pricing in Q1 2026 reflects a mix of stability and short-term volatility. While most regions experienced stable conditions initially, external disruptions led to sudden price increases in March.

Going forward, market participants are expected to closely monitor crude oil trends, shipping costs, and geopolitical developments.

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About Price Watch™ AI

Price-Watch™ is an independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price-Watch™ specializes in tracking raw material prices, analyzing market trends. and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. The Price-Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. Leveraging AI-powered forecasting and over a decade of historical data, Price-Watch™ transforms market volatility into actionable opportunity.

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