| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Phenolic Resin | China | FOB | USD 1,594.00/MT | August 2026 |
| Phenolic Resin | USA | CIF | USD 1,750.00/MT | August 2026 |
| Phenolic Resin | Germany | CIF | USD 1,708.00/MT | August 2026 |
| Phenolic Resin | India | CIF | USD 1,685.00/MT | August 2026 |
| Phenolic Resin | Japan | CIF | USD 1,628.00/MT | August 2026 |
| Phenolic Resin | China | FOB | USD 1,416.37/MT | July 2026 |
| Phenolic Resin | USA | CIF | USD 1,579.12/MT | July 2026 |
| Phenolic Resin | Germany | CIF | USD 1,543.42/MT | July 2026 |
| Phenolic Resin | India | CIF | USD 1,508.77/MT | July 2026 |
| Phenolic Resin | Japan | CIF | USD 1,451.02/MT | July 2026 |
Stay updated with the latest Phenolic Resin prices, historical data, and tailored regional analysis
Asia
In China, the average price of Phenolic Resin increased from ~USD 1,416.37/MT (FOB) in July to ~USD 1,594.00/MT in August, a rise of ~12.5%. India saw a similar gain of about 11.7%, from ~USD 1,508.77/MT (CIF) to ~USD 1,685.00/MT. Chinese resin makers faced sharply higher phenol costs as phenol imports collapsed in August. Saudi Arabia, which usually supplies about 90% of China’s phenol imports, sent no cargoes due to logistics risks, while plant maintenance in Thailand also cut supply. In India, phenol margins stayed elevated on West Asia disruptions, raising resin production costs. Naphtha cracker cutbacks in Japan and higher regional propylene costs added further pressure on the feedstock chain.
Europe
In Germany, phenolic resin averaged approximately USD 1,543.42/MT (CIF) in July and rose to about USD 1,708.00/MT in August, an increase of ~10.7%. Resin costs climbed as August benzene and propylene contracts increased on tighter supply and Middle East tensions, lifting phenol values. Firmer import offers from Asia also supported regional prices. In September, both feedstock contracts settled at discounts as availability improved, which may ease cost pressure on European resin makers.
North America
In the USA, average phenolic resin import prices rose from nearly USD 1,579.12/MT (CIF) in July to roughly USD 1,750.00/MT in August, up ~10.8%. Higher benzene and propylene costs raised phenol production costs, and producers passed these increases on through higher raw-material pricing. Resin importers also faced firmer Asian offers as phenol supply tightened. However, steady domestic phenol output with no planned shutdowns helped keep the market balanced.
Analyst Insight
According to Procurement Resource, phenolic resin prices may level off in the coming months as phenol spreads ease and European feedstock costs soften, although tight Asian phenol supply could keep values elevated.
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Asia
In China, the prices of Phenolic Resin were ~USD 1,687.91/MT in April and ~USD 1,349.00/MT in June, showing a ~20.1% decrease. Chinese conditions weakened as phenol availability increased and downstream resin buyers maintained requirement-based procurement. Formaldehyde briefly strengthened in May after producer operating rates were reduced, but softer methanol and weak wood-panel purchasing reversed this support by June. Similarly, in India, the prices of Phenolic Resin were ~USD 1,737.91/MT in April and ~USD 1,437.00/MT in June, showing a ~17.3% decrease. India experienced temporary phenol supply disruptions early in the quarter, but a full customs-duty exemption on phenol and phenol-formaldehyde resin from April through June 30 improved import economics and eased downstream cost pressure.
Europe
In Germany, the prices of Phenolic Resin were ~USD 1,813.91/MT in April and ~USD 1,470.00/MT in June, showing a ~19.0% decrease. European phenol costs softened as benzene weakened, while structural oversupply and subdued chemical consumption reduced resin production costs. Demand remained particularly weak from construction, with euro-area building activity falling 5.2% year on year in April. Limited purchasing from wood-panel, insulation and related applications prevented suppliers from maintaining earlier cost increases.
North America
In the United States, the prices of Phenolic Resin were ~USD 1,774.91/MT in April and ~USD 1,504.00/MT in June, showing a ~15.3% decrease. Phenol costs initially strengthened because of production disruptions and higher benzene and propylene costs, but downstream demand weakened later. U.S. housing starts fell 15.4% month on month in May, reducing demand from particleboard, fiberboard, insulation and construction-related resin applications.
A synthetic polymer called phenolic resin is produced when phenol reacts with an aldehyde, usually formaldehyde. It is appropriate for a wide range of applications as it has outstanding heat and chemical resistance. They are frequently used in the production of molded goods, including kitchenware, circuit boards, electrical components, and automobile parts. Because of their powerful bonding abilities, they are also utilized as binders, varnishes, and adhesives. Due to its durability and flame-retardant properties, phenolic resins are also used in consumer products, construction, and aerospace industries.
Aerospace and defense, Rubber industry, Wood-based products, Filtrations, Coatings and adhesives, Automotive industries
Phenol-formaldehyde resins, PF resins
Hexcel Corporation, Bakelite Synthetics, Ashland Global Holdings Inc, BASF SE, Akrochem Corporation, Georgia- Pacific Chemicals, Kraton Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The mixture of phenol and formaldehyde are stirred and heated till 60°C and then the reaction undergoes refluxing till around 98°C. This mixture is then added to methanol for dilution once the water has been removed from the vessel base and as a result, phenolic resin is produced as the final product.
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