1. Daily Summary
① The domestic Bisphenol A (BPA) market saw a slight upward trend today, but downstream demand follow-up was limited, and high prices were difficult to accept.
② Market prices for phenol and acetone shifted downward today, leading to a decrease in cost values.
2. Spot Market Overview
Table 1: Domestic BPA Price Summary (Unit: CNY/ton)
| Region | Specification | Oct 26, 2026 | Oct 27, 2026 | Change | % Change |
|---|---|---|---|---|---|
| Average | Premium Grade Granules | 11040 | 11110 | 70 | 0.63% |
| East China | Premium Grade Granules | 11100 | 11250 | 150 | 1.35% |
| North China | Premium Grade Granules | 11100 | 11150 | 50 | 0.45% |
| Huangshan | Premium Grade Granules | 10700 | 10700 | 0 | 0.00% |
| Shandong | Premium Grade Granules | 11100 | 11150 | 50 | 0.45% |
| South China | Premium Grade Granules | 11200 | 11300 | 100 | 0.89% |
Data Source: Chempricehub Information
Taking the East China region as the benchmark, the closing price for BPA in East China was 11,250 CNY/ton today, with a trading range of 11,200–11,300 CNY/ton. This represents an increase of 150 CNY/ton compared to the previous trading day, aligning with morning expectations. The domestic BPA market experienced a narrow upward movement today. Due to significant losses for producers, listed prices continued to rise, and holders adjusted their offers accordingly. However, passing on high costs to downstream sectors proved difficult, resulting in low transaction volumes at higher price points. The center of gravity for actual negotiations rose only slightly, and trading activity remained sparse.
3. Production Dynamics
Today, the capacity utilization rate for BPA stood at approximately 73%. The industry profit margin for BPA was -1,242 CNY/ton.
4. Price Forecast
The short-term BPA market is expected to remain firm. Suppliers are primarily focused on maintaining prices, with no immediate intention to lower them. However, given limited downstream demand follow-up and weak acceptance of high prices, the market may enter a consolidation phase. It is recommended to closely monitor marginal changes in downstream procurement expectations and production/shipping plans of major manufacturers to verify whether demand can stabilize. Proceed with caution.
5. Related Products
Phenol: Taking the East China region as the benchmark, the phenol price closed at 9,850 CNY/ton today, a decrease of 25 CNY/ton from the previous trading day. The domestic phenol market sentiment was slightly weak today. The downward trend in raw material prices increased market participants' wait-and-see attitude. Terminal factories mainly purchased based on rigid demand, showing caution in chasing high prices, while some low-end bids emerged. Suppliers faced difficulties in selling despite opening prices being high. Considering that end-of-month contract pressures are not significant, there is limited room for discounts, and negotiation follow-through was insufficient.
Acetone: Taking the Jiangsu region as the benchmark, the acetone price closed at 8,775 CNY/ton today, a decrease of 225 CNY/ton from the previous trading day. The weight of the East China acetone market shifted downward today. As negotiated prices rose, terminal factory purchasing enthusiasm remained low, creating a strong wait-and-see atmosphere. Coupled with the decline in raw material product prices, holders felt pressure and accelerated sales, primarily offering discounts to move inventory. However, actual deal follow-through was insufficient, making it difficult to expand trading volume.
Epoxy Resin: Taking the East China region as the benchmark, the ex-factory price for liquid E-51 epoxy resin (pure water basis) closed at 15,100–15,300 CNY/ton, an increase of 50 CNY/ton month-on-month. In the Huangshan area, the spot cash price for solid E-12 epoxy resin (surrounding areas) closed at 14,500–14,700 CNY/ton, an increase of 100 CNY/ton from the previous trading day, meeting morning market expectations. Raw material BPA prices continued to push up, causing epoxy resin factories to raise their offers in line with raw materials. However, downstream actual order follow-up was average, leading to relatively lagged price transmission and limited growth in the market's central price level.
Polycarbonate (PC): Today, the domestic PC market fluctuated and consolidated at high levels. By the close of the morning session, the negotiated range for domestic grade PC in East China was 12,950–15,050 CNY/ton. The central price level remained mostly stable compared to yesterday, with individual adjustments ranging from -100 to +150 CNY/ton. This week, domestic PC factory ex-factory prices remained stable or increased by 200 CNY/ton. Zhejiang Petrochemical's auction opened high with four rounds of transactions completed, marking a 300 CNY/ton increase from last week. In the spot market, both East and South China regions maintained temporary stability with minor local adjustments in the central price level. Competition between industry costs and demand remains intense. Considering that PC prices have risen again to recent highs, market participants are cautious and adopting a wait-and-see stance. While sales through channels have slightly increased, downstream demand within the market remains strictly driven by rigid needs, and the overall trading atmosphere remains quiet.
(Note: The table provided at the end of the input refers to dates in December 2025, which appears to be historical data inconsistent with the current report date of October 2026. Per instructions to preserve factual meaning of the article content, this specific table has been excluded from the translation as it does not reflect the "Today" context described in the text above.)
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