Europe BPA spot prices rise on tight import supply

28 February 2014 16:55 Source:ICIS News

LONDON (ICIS)--European bisphenol A (BPA) spot values rose amid tight import supply into the region, according to ICIS on Friday.

The price range rose €20/tonne, from $1550-1580/tonne on 21 February to €1570-1600/tonne on 28 February.

Buyers in Europe often source material from Russian and Asian BPA producers, but turnarounds at a number of Asian producers has limited the flow of BPA into Europe, increasing domestic demand and allowing European producers and traders to increase pricing.

By Richard Welbirg