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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.
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Updated to Q3 2016
Asia spot bisphenol A (BPA) prices went on an uptrend during the year’s third quarter, moving from $1,075/tonne CFR China in late June to $1,120/tonne by 23 September.
Limited spot supply amid several BPA plants in parts of northeast Asia and southeast Asia operating at below full capacity, coupled with mandated shutdowns during the G20 Summit in China in early September, helped to support prices.
Firmer upstream phenol and crude oil prices provided market support, even as downstream epoxy resins demand lacked momentum. In comparison, downstream polycarbonate demand fared better, helping to support BPA prices.
Over in India, steady consumer epoxy resins demand in part helped to cushion the market through the quarter. Spot prices of BPA on a CIF India basis rose from $1,075/tonne to $1,100/tonne CIF India during the same period of comparison ending 23 September.
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