For the Quarter Ending March 2026
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Unsaturated Polyester Resin Prices inÌýAPAC
- In Malaysia, the Unsaturated Polyester Resin Price Index rose by 10.70% quarter-over-quarter, driven by feedstock inflation.
- The average Unsaturated Polyester Resin price for the quarter was approximately USD 1711.00/MT amid exports.
- Unsaturated Polyester Resin Spot Price firmed on tight plant inventories and accelerated pre-holiday export shipments.
- Unsaturated Polyester Resin Price Forecast indicates modest upside as regional demand and feedstock pressures persist.
- Unsaturated Polyester Resin Production Cost Trend rose with higher styrene and maleic anhydride prices regionally.
- Unsaturated Polyester Resin Demand Outlook remains robust supported by construction, marine and automotive composite activity.
- Export inquiries strengthened Unsaturated Polyester Resin Price Index as sellers defended offers against rising costs.
- Producers ran near-full schedules; tight plant stocks and VOC compliance investments supported firmer resale quotes.
Why did the price of Unsaturated Polyester Resin change in March 2026 in APAC?
- Limited capacity and strong Southeast Asian orders left inventories thin, tightening supply for March.
- Feedstock cost increases for styrene and maleic anhydride raised production costs, prompting FOB offers.
- War-related shipping disruptions and rising insurance premiums extended lead times, elevating costs, tightening procurement.
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Unsaturated Polyester Resin Prices inÌýNorth America
- In the USA, the Unsaturated Polyester Resin Price Index increasedÌý quarter-over-quarter, driven by firm demand.
- Unsaturated Polyester Resin Spot Price improved as steady offtake from key industries supported supplier confidence.
- Unsaturated Polyester Resin Price Forecast indicates a stable-to-firm outlook with continued feedstock influence.
- Unsaturated Polyester Resin Production Cost Trend rose due to higher propylene derivatives and styrene feedstock prices.
- Unsaturated Polyester Resin Demand Outlook remained healthy, supported by construction, transportation, and marine applications.
- Domestic consumption and stable export interest supported the Unsaturated Polyester Resin Price Index.
- Producers operated at balanced rates, with controlled inventories enabling gradual price increases across the quarter.
Why did the price of Unsaturated Polyester Resin change in March 2026 in North America?
- Firm feedstock prices, particularly styrene, raised production costs, pushing suppliers to adjust pricing.
- Stable downstream demand from construction and automotive composites sectors sustained buying activity.
- Improved logistics conditions and steady fuel blending demand supported distribution, maintaining price stability with a firm bias.
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Unsaturated Polyester Resin Prices inÌýEurope
- In Germany, the Unsaturated Polyester Resin Price Index rose quarter-over-quarter, supported by elevated feedstock costs.
- Unsaturated Polyester Resin Spot Price strengthened gradually as steady downstream demand offset moderate supply availability.
- Unsaturated Polyester Resin Price Forecast suggests a firm trend with potential upside from feedstock volatility.
- Unsaturated Polyester Resin Production Cost Trend increased due to higher styrene and energy costs across Europe.
- Unsaturated Polyester Resin Demand Outlook remained stable, backed by construction, automotive composites, and wind energy sectors.
- Regional contract settlements and improved buying activity supported the Unsaturated Polyester Resin Price Index.
- Producers maintained stable operating rates; moderate inventories and energy cost pressures supported firm pricing sentiment.
Why did the price of Unsaturated Polyester Resin change in March 2026 in Europe?
- Rising styrene and upstream anhydride costs increased overall production expenses, prompting price adjustments.
- Consistent demand from construction and renewable energy sectors sustained market momentum through March.
- Elevated energy tariffs and logistics costs across Europe contributed to higher delivered prices and tighter margins.
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Unsaturated Polyester Resin Prices inÌýMEA
- In UAE, the Unsaturated Polyester Resin Price Index rose by 16.61% quarter-over-quarter, reflecting tight exports.
- The average Unsaturated Polyester Resin price for the quarter was approximately USD 1788.00/MT reported level.
- March spike lifted Unsaturated Polyester Resin Spot Price as export bookings absorbed available prompt cargoes.
- Unsaturated Polyester Resin Price Forecast remains positive due to sustained export demand and constrained feedstock.
- Imported anhydrides and diethylene glycol elevated the Unsaturated Polyester Resin Production Cost Trend during March.
- Unsaturated Polyester Resin Demand Outlook improved as infrastructure and marine projects accelerated precautionary procurement ahead.
- Inventory draws at Jebel Ali tightened supplies, pushing the Unsaturated Polyester Resin Price Index upward.
- Producers maintained high operating rates, supporting export loadings while inventories remained at tight two-week cover.
Why did the price of Unsaturated Polyester Resin change in March 2026 in MEA?
- Tight prompt supply and rising imported feedstock costs reduced available tons, lifting March free-on-board offers.
- Buoyant export bookings, precautionary purchases by Gulf and Asian buyers accelerated offtake, tightening regional inventories.
- Geopolitical tensions increased shipping risk, insurance premia disrupted supply chains, extending vessel turnaround times.
For the Quarter Ending December 2025
North America
- In the USA, the Unsaturated Polyester Resin (UPR) Price Index fellÌýquarter-over-quarter, reflecting ample imports and weak end-user demand.
- UPR Spot Price softened throughout December as competitive imports from Asia and steady domestic production constrained price increases.
- Unsaturated Polyester Resin Price Forecast indicates limited near-term upside, contingent on seasonal restocking and construction sector activity.
- Unsaturated Polyester Resin Production Cost Trend eased as lower maleic anhydride and natural gas costs reduced conversion expenses.
- Unsaturated Polyester Resin Demand Outlook remained subdued, with downstream composites and marine sectors drawing down inventories and delaying purchases.
- Price Index movement reflected abundant domestic supply, active port inflows, and cautious procurement by converters.
- Domestic plants operated near normal loads, while smooth logistics-maintained supply continuity, limiting significant price spikes.
Why did the price of Unsaturated Polyester Resin change in December 2025 in North America?
- High-volume imports and adequate domestic production expanded supply, limiting seller leverage.
- Reduced maleic anhydride and natural gas costs eased production pressures, preventing upward price adjustments.
- Downstream sectors deferred purchases due to year-end inventory management, softening spot and contractual prices.
APAC
- In Malaysia, the Unsaturated Polyester Resin Price Index fell by 9.57% quarter-over-quarter, reflecting ample imports.
- The average Unsaturated Polyester Resin price for the quarter was approximately USD 1545.67/MT in Malaysia.
- Regional oversupply and ASEAN duty-free inflows pressured the Unsaturated Polyester Resin Spot Price throughout December.
- Unsaturated Polyester Resin Production Cost Trend eased as cheaper maleic anhydride and gas tariffs prevailed.
- The Unsaturated Polyester Resin Price Forecast anticipates modest recovery with post-holiday restocking and construction demand.
- Unsaturated Polyester Resin Demand Outlook remains subdued as converters draw down inventories and delay procurement.
- Domestic inventories rose and weakened export inquiries left the Unsaturated Polyester Resin Price Index depressed.
- Domestic plants operated near routine loads, while duty-free ASEAN imports constrained pricing and limited upside.
Why did the price of Unsaturated Polyester Resin change in December 2025 in APAC?
- Ample ASEAN duty-free inflows and regional production expanded supply, reducing Malaysian suppliers' negotiating leverage.
- Stable natural-gas tariffs and softer maleic anhydride kept production costs steady, limiting upward pressure.
- Muted export inquiries and year-end project completions reduced offtake, while logistical issues disrupted deliveries.
Europe
- In Germany, the Unsaturated Polyester Resin Price Index fell quarter-over-quarter, reflecting weak regional demand and stable import flows.
- UPR Spot Price softened as competitive Asian cargoes arrived and domestic output remained steady, creating limited upward pressure.
- Unsaturated Polyester Resin Price Forecast suggests rangebound movement in the near term, influenced by feedstock costs and post-holiday restocking.
- Unsaturated Polyester Resin Production Cost Trend remained moderate as softer maleic anhydride and natural gas costs alleviated cost pressures.
- Unsaturated Polyester Resin Demand Outlook remained weak, with composites, marine, and construction sectors maintaining low offtake.
- Price Index was restrained by high importer allocations, smooth port operations, and cautious downstream procurement.
- European plants ran near routine loads, while import parity offered competitive alternatives, limiting seller pricing power.
Why did the price of Unsaturated Polyester Resin change in December 2025 in Europe?
- Competitive imports from Asia increased supply, reducing domestic bargaining power.
- Softer feedstock costs limited production cost support for price increases.
- Year-end inventory reductions and muted demand from downstream sectors suppressed immediate purchase activity.
MEA
- In the United Arab Emirates, the Unsaturated Polyester Resin Price Index rose by 3.32% quarter-over-quarter, tightening.
- The average Unsaturated Polyester Resin price for the quarter was approximately USD 1533.33/MT, reported widely.
- Unsaturated Polyester Resin Spot Price tightened as finished goods stocks fell and year-end liftings increased.
- Unsaturated Polyester Resin Price Forecast points to modest volatility amid seasonal restocking and feedstock allocation.
- Unsaturated Polyester Resin Production Cost Trend neutral as subsidised gas offset imported feedstock cost pressures.
- Unsaturated Polyester Resin Demand Outlook strengthened from construction procurement, while marine and export enquiries softened.
- Inventory draws at Jebel Ali tightened supply, restoring margins and modestly firming Price Index movement.
- Local plants ran near nameplate, limiting outages and supporting steady output despite tighter spot availability.
Why did the price of Unsaturated Polyester Resin change in December 2025 in MEA?
- Exporters advanced shipments and inventories fell at Jebel Ali, tightening availability and supporting prices.
- Elevated construction procurement increased resin drawdowns, strengthening domestic demand into year-end project execution activity.
- Subsidised gas kept conversion costs subdued while imported feedstock arrivals left inventory buffers.
Quarter Ending September 2025
North America
- The Price Index for Unsaturated Polyester Resin in North America declined by approximately 1.8% during Q3 2025. This was driven by soft demand outlook from the construction and marine sectors, which faced project delays and reduced procurement activity.
- Prices reflected subdued demand and steady supply conditions.
- The Production Cost Trend remained stable throughout Q3, supported by consistent pricing of key raw materials like maleic anhydride and phthalic anhydride. Energy costs were manageable, and domestic producers maintained output without major disruptions.
- The Demand Outlook for Q4 2025 is cautiously optimistic. While construction activity may rebound post-summer, the composites and marine sectors are expected to remain conservative in procurement. Growth in automotive and electrical applications could offer partial support to Unsaturated Polyester Resin demand.
- The Price Forecast for Q4 suggests a flat-to-slightly-recovering trend, contingent on infrastructure stimulus and seasonal restocking. However, competitive pressure from Asian suppliers may cap any significant price gains.
Why did the price of unsaturated polyester resin change in September 2025 in North America?Ìý
- In September 2025, unsaturated polyester resin prices decreased further due to stable production cost trend, high inventory levels, and cautious buying behavior.Ìý
- Buyers delayed purchases amid macroeconomic uncertainty and competitive pressure from imported resins.
APAC
- In Malaysia, the Unsaturated Polyester Resin Price Index fell by 5.6% quarter-over-quarter, citing ample supply and exports.
- The average Unsaturated Polyester Resin price for the quarter was approximately USD 1709.33/MT, market estimate.
- Unsaturated Polyester Resin Spot Price softened as benzene and n-butane eased, reducing supplier cost pass-through.
- Unsaturated Polyester Resin Price Forecast expects limited upside, with seasonal restocking supporting marginal price improvement.
- Unsaturated Polyester Resin Production Cost Trend muted as maleic anhydride and phthalic prices stayed soft.
- Unsaturated Polyester Resin Demand Outlook stays weak with cautious procurement from construction, automotive, and marine.
- Unsaturated Polyester Resin Price Index pressured by competitive regional offers and elevated inventories across hubs.
- Export demand remained subdued, constraining offtake and weighing on spot liquidity, influencing Malaysian producers' decisions.
Why did the price of Unsaturated Polyester Resin change in September 2025 in APAC?
- Ample domestic production and comfortable inventories reduced supply tightness, pressuring September prices lower across Malaysia.
- Soft feedstock aromatics and n-butane costs eased production cost pressures, enabling sellers to lower offers.
- Cautious downstream procurement and weak regional inquiries constrained offtake, reducing price momentum during September 2025.
Europe
- The Price Index for unsaturated polyester resinÌý in Europe declined by approximately 2–3% during Q3 2025. This was largely due to muted demand outlook from the construction and marine sectors, which faced project delays and reduced procurement activity.
- Prices were influenced by steady supply and subdued downstream consumption.
- The Production Cost Trend remained stable throughout Q3, supported by consistent pricing of key raw materials like maleic anhydride and phthalic anhydride. Energy costs were manageable, and European producers-maintained output levels without major disruptions.
- The Demand Outlook for Q4 2025 is cautiously optimistic. While construction activity may rebound post-summer, the composites and marine sectors are expected to remain conservative in procurement. Growth in electrical and automotive applications could offer partial support to unsaturated polyester resinÌý demand
Why did the price of unsaturated polyester resin change in September 2025 in Europe?Ìý
- In September 2025, unsaturated polyester resin prices decreased further as seasonal demand softened, and inventories remained high.Ìý
- Buyers adopted cautious strategies amid macroeconomic uncertainty, and Spot Prices reflected limited upward pressure despite stable feedstock availability.
MEA
- In the United Arab Emirates, the Unsaturated Polyester Resin Price Index fell 3.30% QoQ, pressured.
- The average Unsaturated Polyester Resin price for the quarter was approximately USD 1484.00/MT delivered basis.
- Unsaturated Polyester Resin Spot Price softened amid competitive Chinese cargoes and elevated local inventories regionally.
- Unsaturated Polyester Resin Price Forecast signals muted rebound as feedstock costs soft and inventories high.
- Unsaturated Polyester Resin Production Cost Trend eased as maleic and phthalic anhydride weakened, reducing cost-push.
- Unsaturated Polyester Resin Demand Outlook remains subdued with cautious procurement from construction and composites sectors.
- Unsaturated Polyester Resin Price Index pressure persisted as restrained export inquiries and domestic inventory weighed.
- Producers maintained steady operating rates and offered competitive cargoes, keeping market liquidity and pressuring margins.
- Why did the price of Unsaturated Polyester Resin change in September 2025 in MEA?
- Soft feedstock costs reduced production costs, prompting exporters to lower offers to remain competitive.
- Elevated inventories and weak offtake from composites and fiberglass sectors constrained immediate buying activity.
- Competitive Chinese cargoes pressured UAE export pricing, limiting external demand and reducing export traction.
For the Quarter Ending June 2025
North America
- In April 2025, the Price Index for Unsaturated Polyester Resin (UPR) in North America remained largely stable, supported by steady feedstock costs and moderate downstream consumption from construction and marine sectors.
- In May 2025, UPR Spot Prices saw a mild downward trend, influenced by softening prices of maleic anhydride and phthalic anhydride, both key inputs in UPR manufacturing.
- In June 2025, market activity remained subdued with limited growth in the composites and building materials sector, contributing to stagnancy in the UPR Price Index.
Why did the UPR Price Index change in July 2025 in North America?
- In July 2025, the Price Index for UPR in North America declined, mainly due to sluggish downstream demand and accumulated inventories, even as raw material prices held steady. Buyers adopted a cautious procurement stance amid uncertain macroeconomic indicators.
Asia
- In April 2025, the Unsaturated Polyester Resin Spot Price in Asia dropped as the demand outlook weakened, especially from the construction and automotive sectors in Southeast Asia and China.
- In May 2025, the Price Index continued to slide due to falling raw material costs and sluggish restocking from downstream industries, with no major recovery in export orders.
- In June 2025, the market sentiment remained pessimistic, with manufacturers facing inventory pressure while exports to key markets like Africa and the Middle East remained limited.
Why did the UPR Price Index change in July 2025 in Asia?
- In July 2025, UPR prices in Asia declined further, owing to continued weak demand, declining feedstock costs, and intensified competition from Chinese exporters offering lower quotes, pulling the Price Index downward.
Europe
- In April 2025, the UPR Price Index in Europe began to soften due to restrained activity in the infrastructure and wind energy sectors, particularly in Germany and France.
- In May 2025, despite stable feedstock availability, the UPR Spot Price fell slightly amid limited demand recovery and price pressure from imported volumes.
- In June 2025, the UPR Production Cost Trend remained manageable, but the absence of significant restocking or seasonal buying kept the market largely subdued.
- Why did the UPR Price Index change in July 2025 in Europe?
- The Price Index for UPR in Europe fell modestly in July 2025, driven by tepid buyer interest and oversupply, even as operating rates stayed constant among regional producers.
Middle East Asia (MEA)
- In April 2025, UPR prices in the Middle East softened due to limited construction sector activity and cautious purchasing behavior across the Gulf region.
- In May 2025, the UPR Price Index dropped marginally, pressured by reduced demand from the fiberglass composites and pipes industries.
- In June 2025, steady raw material inflow kept UPR Production Cost Trends under control, though resin prices failed to rebound as buyers in Africa remained inactive.
Why did the UPR Price Index change in July 2025?
- In July 2025, UPR prices in MEA declined slightly as sellers struggled to secure new contracts amid continued demand weakness, while low-cost imports from Asia further compressed the regional Price Index.