February 5th News - On February 5th, Qingdao Bay Chemical's 240,000 tons/year bisphenol A (BPA) plant is operating normally, with production primarily focused on contract or order deliveries, while a portion of spot goods is available for external sales. The latest BPA quotation has been raised to 8,300 yuan/ton. Chempricehub's analysis of BPA indicates a bullish-bearish score of 1. The recent increase in BPA quotation to 8,300 yuan/ton suggests that despite the normal operation of Qingdao Bay Chemical's plant, the focus remains on contract deliveries, with limited spot availability for external sales, reflecting tight market supply or increased demand. This move is expected to 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 anticipated to remain strong in the short term.