On February 5, Qingdao Bay Chemical's 240,000-ton-per-year bisphenol A (BPA) plant operated normally, with product delivery primarily based on contracts or orders, and a portion of spot goods available for external sales. The latest BPA quotation was raised to 8,300 yuan/ton. PriceSeek's analysis of BPA indicates a bullish-bearish score of 1. The latest BPA quotation increase to 8,300 yuan/ton suggests that although Qingdao Bay Chemical's plant is operating normally, its focus on contract deliveries and limited spot sales reflects tight market supply or increased demand. This move will directly drive up spot prices, benefiting the spot market. The price hike may stem from rising raw material costs or strong downstream demand, and spot prices are expected to remain strong in the short term.
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