February 5th News
On February 5, Longjiang Chemical's 200,000-ton-per-year bisphenol A (BPA) plant operated at 85% capacity. Currently, the majority of BPA production is allocated to contract deliveries, with a limited quantity available for spot sales. The BPA spot price has been raised to 8,300 yuan/ton delivered to East China.
Chempricehub Analysis:
Bisphenol A (BPA) – Bull-Bear Score: 1
The spot price of BPA has increased to 8,300 yuan/ton delivered to East China. With the plant operating at 85% capacity and production primarily fulfilling contract commitments, only a small volume is available for spot sales. This indicates stable supply but rising prices, reflecting stronger demand or cost support, which is favorable for the spot market.
Epoxy Resin – Bull-Bear Score: 0.5
As a downstream product of BPA, the increase in raw material costs may be passed on to epoxy resin production, potentially driving up its spot price. However, the extent of this impact is constrained by downstream demand and inventory levels, representing a slight positive influence.