January 26th Update: On January 26th, Nantong Xingchen Synthetic Materials Co., Ltd.'s 150,000-ton-per-year bisphenol A (BPA) plant is operating normally. The products are primarily supplied to support downstream 150,000-ton-per-year epoxy resin production or fulfill long-term contract customers, with a small quantity available for spot sales. Today's quoted price has been increased by 100 yuan/ton to 8,000 yuan/ton.
Chempricehub Analysis:
Bisphenol A (BPA), Bull-Bear Score: 1
The company raised its BPA quotation by 100 yuan/ton to 8,000 yuan/ton, indicating tight supply or increased demand, which directly benefits spot prices. The plant is operating normally, but the limited availability of spot sales reinforces supply-side support. It is expected that spot prices will maintain an upward trend in the short term.
Epoxy Resin, Bull-Bear Score: 0.5
The price increase of BPA, a key raw material for epoxy resin, raises production costs and indirectly benefits epoxy resin spot prices. The company's products support downstream epoxy resin production, ensuring stable demand. However, the transmission of raw material costs may drive up epoxy resin market quotations, requiring close attention to downstream acceptance.