On January 16th, the two sets of facilities of Nan Ya Plastics Industrial (Ningbo) Co., Ltd., with a total annual capacity of 320,000 tons, underwent rotational maintenance during the fourth quarter, which will continue until the end of January. The overall operating rate remains at 50%, with current inventory at low levels. The price of bisphenol A (BPA) has been raised by 100 yuan to 7,900 yuan per ton.
PriceSeek's analysis of bisphenol A shows a long-short score of 1.5. The article indicates that the facilities of Nan Ya Plastics Industrial are undergoing rotational maintenance, with an operating rate of only 50%, which will continue until the end of January, leading to a significant reduction in supply. The current low inventory exacerbates the supply-demand imbalance, and the spot price of bisphenol A has already increased by 100 yuan to 7,900 yuan per ton, highlighting the prominent tightness in market supply. This positive factor supports a continued upward trend in spot prices in the short term, and it is expected that demand may further drive prices higher due to insufficient supply. However, there is no futures data available for combined analysis.
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