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Updated to Q4 2016
Asian spot bisphenol A (BPA) prices were mostly on a downward trend during the year’s fourth quarter, albeit recovering from the second half of November. Prices moved from $1,120/tonne CFR (cost & freight) China on 7 October to $1,115/tonne by 2 December.
Paltry downstream demand, particularly epoxy resins demand, generated downward pressure on BPA prices in the early part of the fourth quarter. Weakening Chinese domestic prices of BPA, coupled with the weaker Chinese Yuan currency against the US dollar, also made imports of the product generally unattractive.
Softening upstream phenol prices also served to limit the otherwise modest recovery in prices in the latter part of the fourth qurter.
In a similar vein, poor epoxy resins demand in India weighed on spot CIF (cost, insurance and freight) prices. BPA prices went from $1,105/tonne CIF India to $1,055/tonne CIF India during the same period of comparison.
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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.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
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