March 9th News On March 9th, Jiangsu Ruihong New Materials’ Phase I 240,000-ton/year bisphenol A (BPA) plant operated at 70% capacity, while the Phase II 240,000-ton/year BPA plant operated at 60% capacity. The majority of the products are supplied internally to downstream epoxy resin production and contracted customers, with limited spot sales available. The BPA quotation was raised by 4,300 RMB to 14,800 RMB/ton. Chempricehub Analysis: **Bisphenol A (BPA), Bull-Bear Score: 2** The low operating rates of Jiangsu Ruihong’s BPA plants (70% for Phase I and 60% for Phase II) have led to reduced supply. With scarce spot sales, market supply is tight. The significant price increase of 4,300 RMB/ton to 14,800 RMB/ton reflects strong demand and cost support. These factors collectively drive a notable rise in BPA spot prices, representing a major bullish market trend. **Epoxy Resin, Bull-Bear Score: 1.5** As a downstream product of BPA, the tight supply and substantial price increase of BPA will directly raise its production costs. Jiangsu Ruihong primarily supplies its products internally for epoxy resin production, which may further limit market supply. These factors are favorable for epoxy resin spot prices, though the impact is relatively indirect and dependent on downstream demand, making it a moderately strong bullish market trend.