UP Resins: Out of the Doldrums and into a Perfect Storm

A severe shortage of styrene and rising raw material prices are creating a difficult market environment for the UP resin industry in the US and Europe. Producers report they are struggling to keep on top of their feedstock costs and have no choice but to pass these on to customers. As result, all the major producers on both sides of the Atlantic have announced multiple price increases in the first quarter of 2017, leaving buyers trying to come to terms with extreme price hikes. In China, prices also shot up soon after the holiday season.

There is still little sign of let-up as the end of the first quarter draws near. Even though benzene prices are softening, this is having no effect on styrene as plant outages in the US continue to keep material tight. At the same time, demand for UP resins is said to be strong with rumours that some suppliers are struggling to meet requirements.

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A subscription to our  Unsaturated Polyester Resin Chemical Business Focus can give you further insights like this on the state of the markets world-wide.

Chemical Business Focus
Each month, subscribers receive a comprehensive look at current activity in the market, including pricing information for all of the main product areas in each of the key regions. In addition, subscribers have online access to 10 years historical prices to download as Excel files from our website, to Trade Tables and Charts and, on a quarterly basis, Plants & Projects listings which contain the latest information with regards to capacity developments in the Unsaturated Polyester Resins industries.

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Jennifer Hawkins
Jennifer Hawkins
Consultant – Unsaturated Polyester Resins & Epoxy Resins
Phone: +44 207 924 3955

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