February 28th News
On February 28th, Changchun Chemical raised the price of bisphenol A by 100 yuan to 8,200 yuan per ton. The product is primarily supplied to downstream epoxy resin production and long-term contract customers, with a small portion available for external sales. Changchun Chemical’s 405,000-ton-per-year bisphenol A facility is operating at approximately 70% capacity, with limited spot availability for external sales.
Chempricehub Analysis on Bisphenol A:
Bull-Bear Score: 1.5
Analysis Rationale: Changchun Chemical’s price increase of 100 yuan per ton for bisphenol A to 8,200 yuan per ton indicates tight supply or strong demand. The facility operating at 70% capacity and limited spot availability for external sales suggest low capacity utilization and constrained supply. This significantly benefits the spot price of bisphenol A, with expectations of further price increases.
Epoxy Resin:
Bull-Bear Score: 1
Analysis Rationale: As a downstream product of bisphenol A, the price increase of bisphenol A directly raises the production cost of epoxy resin. Since Changchun Chemical primarily supplies its products to epoxy resin production, cost pressures may drive up the spot price of epoxy resin. Support from demand and cost transmission effects contribute to favorable market conditions.