China's August BPA imports fall 10.9% month-on-month

28 September 2009 09:18  [Source: ICIS news]

SINGAPORE (ICIS news)--China’s imports of bisphenol-A (BPA) declined in August as buyers, expecting prices to fall further due to lower feedstock costs, delayed procurement of the material, market sources said on Monday.

Benzene and propylene are the feedstocks for BPA.

China took in a total of 40,463 tonnes of BPA in August, down 10.9% from July and 23.86% lower compared to levels in the same period last year, statistics from China Customs showed on Friday.

Taiwan was its main supplier last month with 13,245 tonnes, accounting for 32.7% of China’s total BPA imports. From Korea, China received a total of 11,587 tonnes of BPA and 7,307 tonnes from Japan.

Major BPA producers in Asia include Nan Ya Plastics, Kumho P&B, LG Chem, and Mitsui Chemicals.

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By: Jeremiah Chan
+65 6780 4359

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