The Bisphenol A (BPA) market is operating quietly.

1. Daily Summary

① The domestic Bisphenol A (BPA) market remained stable within a narrow range today, with sluggish trading activity between buyers and sellers.

② The phenol-acetone market showed mixed trends, with prices rising for one component and falling for the other, resulting in a slight overall increase in cost values.

2. Spot Market Overview

Table 1: Domestic BPA Price Summary (Unit: CNY/ton)

Data Source: Chempricehub Information

Taking East China as the benchmark, the closing price for BPA in East China was 11,200 CNY/ton today, with a trading range of 11,100–11,300 CNY/ton. This represented stability compared to the previous trading day, aligning with morning expectations. The BPA market operated quietly; downstream demand was limited as there were no concentrated restocking intentions ahead of the holiday. However, producers focused on fulfilling existing orders, providing some support to holders' sentiment. Consequently, operators maintained stable pricing, and the trading atmosphere remained subdued.

3. Production Dynamics

Today, the capacity utilization rate for BPA production stood at approximately 63%. The industry profit margin for BPA was -364 CNY/ton.

4. Price Forecast

In the short term, the BPA market is expected to transition steadily. Demand follow-through remains limited, with inventory consumption being the primary driver. Holders are under little pressure and are maintaining stable prices. Trading activity will likely remain sluggish, with the market consolidating in the near term. It is recommended to closely monitor actual downstream procurement expectations and the production/shipping schedules of major manufacturers. Operators should proceed with caution.

5. Related Products

Phenol: Taking East China as the benchmark, the closing price for phenol was 8,775 CNY/ton today, an increase of 60 CNY/ton from the previous trading day. The domestic phenol market saw a slight upward adjustment. With both feedstock prices trending broadly higher, cost pressures influenced holders to open cautiously high in the morning with little willingness to offer discounts. The market center shifted slightly upward. End-user enterprises participated in buying based on rigid demand, but transaction volumes remained insufficient.

Acetone: Taking Jiangsu as the benchmark, the closing price for acetone was 8,725 CNY/ton today, a decrease of 75 CNY/ton from the previous trading day. The East China acetone market trended lower amidst volatility. Following the Mid-Autumn Festival, a wait-and-see attitude pervaded the market. Operators adopted a cautious stance, and downstream participation lacked enthusiasm. Some manufacturers in Shandong lowered their opening prices, dampening market sentiment. This suppressed holders' confidence, increasing their willingness to sell and accelerating the pace of shipments. Consequently, the overall trading center declined.

Epoxy Resin: Taking East China as the benchmark, the ex-factory price for liquid E-51 epoxy resin (water-white grade) closed at 15,200–15,500 CNY/ton, remaining flat month-on-month. In the Huangshan region, the spot cash price for solid E-12 epoxy resin (surrounding area) closed at 14,400–14,700 CNY/ton, unchanged from the previous trading day and consistent with morning market expectations. Feedstock prices have temporarily stabilized, while downstream procurement enthusiasm remains low. The trading atmosphere is quiet with few inquiries, leading to a temporary consolidation phase for the epoxy resin market.

Polycarbonate (PC): Today, the domestic PC market exhibited narrow-range fluctuations amid a wait-and-see mood. By the afternoon close, the negotiation range for domestically produced PC materials in East China was 12,500–14,850 CNY/ton. The overall negotiation center remained steady compared to pre-holiday levels, with minor adjustments in specific ranges. At the start of the week, three PC plants in Northern China reduced their ex-factory prices by 300–600 CNY/ton compared to last week, while price adjustments from other factories await clarification. In the spot market, both East and South China regions generally consolidated, with some centers fluctuating narrowly. International crude oil prices rose again, keeping industrial chain costs high. Approaching the National Day holiday, downstream users moderately stocked up based on rigid demand. Industry participants maintained a cautious wait-and-see attitude, primarily operating stably according to market conditions, with actual transactions proving acceptable.