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Bis Phenol A – China Transcript
The China Bis Phenol A report covers polycarbonate grade material. We track the spot markets of Eastern and North China, reporting weekly on deals and discussions between producers, traders and buyers.
The report contains the important East China and North China ex-warehouse price assessments. Our commentary provides details on domestic supply and demand conditions and track prompt operating rate that could have impact on availability.
Upstream food stocks, Phenol and Acetone and downstream Epoxy Resin are all very important to domestic price movements and those factors are also monitored in the report.
We also track both the solid and liquid Epoxy Resin markets. Where applicable, there is product information, comments on market development and general market intelligence.
The report also provides CFR quotes for the North East Asia market and details of trace transactions, news on the wider issues of the supply and demand balance and general sentiment for price direction.
This comprehensive run up of the domestic market is useful for all of those active or interested in China’s BPA market and for those that need an unbiased and timely price reference.
Bisphenol A news and market information products from ICIS
We offer the following regional Bisphenol A coverage to keep you informed of factors and developments affecting prices in the China Bisphenol A marketplace.
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News & Analysis - News & market analysis specifically relating to Bisphenol A
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Insight and analysis of factors driving prices.
Updated to Q1 2016
Bisphenol A (BPA) spot prices rose after slightly fluctuating from January to March 2016.
From January to mid-February, BPA prices fluctuated slightly from Chinese yuan (CNY) CNY7,050/tonne to CNY6,950/tonne. Overall downstream demand was modest, and only some buyers made small-volume purchases. Most cargo-holders kept their prices largely stable on the back of decreased spot supply due to minor maintenance shutdowns at some domestic plants. But some market players said BPA prices might edge upwards after the Chinese Spring Festival on the back of limited spot supply and increasing downstream demand.
In February, BPA prices began to rise. More downstream producers purchased on a need-to basis. On the other hand, cargo-holders lifted their offers in view of tight spot supply, and this, combined with incremental feedstock phenol costs pushed up BPA discussion levels. By the end of March, although downstream producers were not eager to purchase, rising feedstock phenol and acetone costs motivated cargo-holders to lift their offers. Discussion levels still edged upwards.
Some market players are optimistic about the price outlook, citing the incremental feedstock costs and major producers’ strong intentions to increase prices. Some others are cautious. They said further upside room might be limited given the lack of price growth of downstream epoxy resins and the already large increases in BPA prices.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Bisphenol A.
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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. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Bisphenol A. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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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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