Bisphenol A Prices, markets & analysis
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Bisphenol A Overveiw Transcript
There are two grades of bisphenol A produced, one suitable for epoxy resin manufacture and a higher purity grade is for polycarbonate production.
The main outlet for BPA is polycarbonate, which accounts for approximately two-thirds of global demand. The second largest outlet, at around a third of BPA consumption is epoxy resins.
Polycarbonate is used in a variety of applications such as the fast-growing optical media industry, electrical and electronic, construction automotive and packaging applications.
The prices of phenol and benzene as well as demand from the polycarbonate and epoxy resins industries largely influence the price of BPA.
Phenol supply is currently limited owing to the robust buying demand from its derivatives and in 2010 BPA supply was the tightest it had been in 15 years.
Bisphenol A news and market information products from ICIS
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Updated to Q1 2015
Asia’s spot bisphenol A (BPA) prices were on a upward trend for most of the first quarter, climbing from $1,150-1,300/tonne CFR (cost & freight) China basis in the week of 9 January to $1,340-1,460/tonne CFR China in the week of 27 March.
Firm demand was reflected by a bout of pre-Lunar New Year holiday buying activities during the second-half of February, which in part helped to support spot prices in Asia. Strong market conditions, ahead of scheduled regional plant turnarounds from March, combined with firm feedstock phenol prices, were among factors that exerted upwards pressure on the Asian BPA market for the quarter.
In India, steady import demand to cater to the domestic market helped to absorb BPA inventories in Asia Pacific and underpinned spot BPA prices throughout the recent quarter. Spot prices have climbed from $1,150-1,220/tonne CIF (cost, insurance & freight) India in early January this year to $1,430-1,500/tonne CIF India basis as of 27 March.
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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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