Europe December BPA contracts rollover despite benzene rise

06 December 2013 23:59  [Source: ICIS news]

LONDON (ICIS)--European bisphenol A (BPA) contract prices rolled over from November to December at €1,360-1,460/tonne ($1,863-2,000/tonne) FD (free delivered) NWE (northwest Europe) as producers were forced to absorb feedstock price increases.

Producers’ hopes of passing on the €109/tonne increase in the December benzene contract were thwarted by weak downstream demand and cheaper Asian imports.

“In the small places where we had some spot we did not pass that on. We are going to have to eat it in December,” said one producer.

Spot prices were also unchanged at €1,330-1,380/tonne FD NWE.

BPA is produced from acetone and phenol, where the phenol price is largely linked to movements in the benzene feedstock price.

($1 = €0.73)


By: Richard Welbirg
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index