Get the latest insights on price movement and trend analysis of Unsaturated Polyester Resin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Unsaturated Polyester Resins Price Trend for the Second Half of 2022
The prices of Unsaturated Polyester Resins (UPR) declined in the Asia-Pacific region. The declining trend was due to the gradual falling costs of raw materials. Another major factor contributing to this negative price trend of Unsaturated Polyester Resins was low demand from the end-user industries. The fourth quarter was also similar as the downstream industry demand remained sluggish and falling crude oil prices, supply chain disruptions and covid restrictions further aided the declining prices.
The European region showcased a mixed outlook in terms of prices of Unsaturated Polyester Resins. The prices surged as a result of the incline in the prices of energy cost production considering the price rise of petrochemical products. The port congestion activities in the third quarter halted trading activities. In the fourth quarter, the sluggish demand from the automotive sector doomed the price trends for Unsaturated Polyester Resins in the European region.
The price trends for Unsaturated Polyester Resin showcased an upward trajectory in Q3 for the North American region. The prices increased due to an incline in domestic demand and a rise in the feedstock prices of the commodity. However, the fourth quarter was not so favourable in terms of the UPR prices. The price drop was majorly attributed due to the drop in demand from the automotive industry and rising uncertainties in the prices of crude oil.
According to Procurement Resource, the price trends for Unsaturated Polyester Resins (UPR) are expected to showcase a declining trend considering the uncertainties in the feedstock and energy production prices and fluctuating demand from the end-user industries.
Unsaturated Polyester Resin Price Trend For the First Half of 2022
After nearly shutting down in January and coming to a complete standstill in late feburary, the Chinese Unsaturated Polyester Resin market began to show signs of recovery in March. Although end-user sectors demand were still poor and downstream industries have not fully recovered, there were encouraging indicators.
Along with increasing domestic market stockpiles, Unsaturated Polyester Resin price trends were low during the said period. Covid's return in China and government restrictions further slowed down trade.
Also, the transportation costs rose as container freight rates increased. Additionally, the crisis between Russia and Ukraine resulted in low export cotton demand and slow yarn trade, which drove up the price of polyester resin averaging 1314-1329 USD/MT FOB Shanghai.
Procurement Resource provides latest prices of Unsaturated Polyester Resin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Polyesters are one of the most versatile classes of synthetic polymers. They are produced globally in high volume and are widely used as fibres, plastics, coatings, etc. Unsaturated polyester resins are condensation products of unsaturated acids or anhydrides and diols. The unsaturation in this type of polyester provides a site for subsequent cross-linking, thereby influencing its properties. The properties of these compounds also depend upon the chemical substrates used, and the fillers or composites added.
|Product Name||Unsaturated Polyester Resin|
|Industrial Uses||Fibre-reinforced plastics, Pipes/ Mouldings, Sanitary ware, Coatings, Adhesives, Automotive/Marine Industry|
|Synonyms||UPR, Unsaturated Synthetic Resin|
|Supplier Database||Ashland, Reichhold, Royal DSM., Deltech, Dow|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-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 process of producing an unsaturated polyester comprises many steps. Firstly, depolymerizing polyethene terephthalate with polyhydric alcohol and adding maleic anhydride to the depolymerization product to allow them to react with each other and then adding dicyclopentadiene to the reaction mixture to cause an addition reaction. To the product obtained, polyhydric alcohol and a polybasic acid is added to cause a polycondensation reaction, thereby giving the desired product.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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