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Weekly Resin Raw Materials Market Pulse 26th March, 2025

Weekly Resin Raw Materials Market Pulse

26th March, 2025

Your Global Chemicals Supplier – Stay ahead with market insights and detailed analysis on Phthalic and Maleic Anhydride.

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Stock Availability at Jebel Ali

We maintain a robust global inventory to support your chemical supply needs. Currently available stock includes:

  • PIA (Indorama): 25kg bag
  • Phthalic Anhydride: 25kg & 500kg bags (Panjin, Aekyung)
  • Maleic Anhydride: 25kg bag (Yongsan, Puyong)
  • Penta: 25kg bag
  • Glycerine (ICCOF): Flexi, HDPE Drums
  • Mix Xylene (South Korea): Iso Tanks and Drums

Phthalic Anhydride Analysis

NE Asia Export Offers: $1,060/tonne CFR SE Asia with a +$30/tonne week-over-week increase.
Feedstock Costs: Orthoxylene at approximately ~$920/tonne (stable), and Naphthalene at ~CNY 7,025/tonne with a +CNY 525/tonne increase.

Rising feedstock costs, strategic maintenance schedules in Korea, and Japan’s turnaround activities are supporting the market rally. Buyers are advised to secure March cargoes to avoid further supply constraints in Q2.

Maleic Anhydride Analysis

NE Asia Offers: $1,020/tonne CFR SE Asia with a +$40/tonne week-over-week increase.
Feedstock Cost: Butane at $605/tonne, down by $20/tonne.

Tight supply conditions, combined with firm feedstock prices, are bolstering regional prices. Buyers are recommended to secure volumes early to avoid further price hikes.

Industry in Focus

Geopolitical developments and regional maintenance schedules continue to influence market dynamics. In recent updates, key geopolitical agreements and localized production challenges have emerged, urging stakeholders to stay informed and proactive.

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