European BPA players expect March contract increases

21 February 2014 17:27 Source:ICIS News

LONDON (ICIS)--European bisphenol A (BPA) producers are bullish about their ability to push through price increases in freely-negotiated contracts for March, they confirmed Friday.

With ongoing tightness in the BPA supply from Asia, BPA spot prices have increased each week throughout February, and most players expect rising price levels to be reflected when producers and buyers sign contracts for March.

“The moment there’s anything like this we jump all over it,” explained one producer. “For March pricing we are going to be out there increasing again. There’s certainly an acceptance in the market that BPA prices are going up.”

By Richard Welbirg