January 16th News: On January 16th, Wanhua Chemical's two sets of 480,000-ton-per-year bisphenol A (BPA) units are operating normally. The BPA quotation has been increased by 100 yuan to 7,800 yuan/ton (cash payment, self-pickup including tax). The products are mainly supplied to the downstream 600,000-ton-per-year polycarbonate (PC) unit and contract customers.
Chempricehub's analysis of BPA, Bull-Bear Score: +1
Wanhua Chemical raised the BPA quotation by 100 yuan to 7,800 yuan/ton, with the units operating normally. This indicates an active price increase from the supply side, likely driven by demand support from downstream PC units or cost pressures, which is favorable for BPA spot prices. The moderate increase in the quotation reflects enhanced market confidence but does not involve significant supply changes. Therefore, the score is +1, indicating a general positive impact.
Phenol, Bull-Bear Score: +0.5
As the main raw material for BPA, the rise in BPA prices may indirectly increase phenol demand, which is favorable for phenol spot prices. The article does not directly mention changes in phenol prices, but there is a positive correlation in the supply-demand relationship, with a relatively minor impact. The score is +0.5, indicating a slight positive impact.