After mid-July xxxx, Bisphenol A (BPA) prices in the APAC region have continued to decline due to a complex interplay of market dynamics. Weak cost support from key feedstocks, such as phenol and acetone, coupled with low upstream crude oil prices and subdued coal prices, has significantly influenced the downward trend.
The oversupply in the BPA market has been exacerbated by weakening demand in downstream industries, including epoxy resins and polycarbonates. Demand has been particularly affected by limited consumption in sectors like electric and electronic components, coatings, and composite materials. The short-term withdrawal of Olympic-branded water bottles in France, which impacted the polycarbonate market, has also contributed to the overall weakening of BPA demand. Additionally, deep-sea freight and logistical challenges, coupled with the EU&#xx;s antidumping probe on several Asian epoxy imports, led to an oversupply in China&#xx;s domestic market, further reducing BPA demand in the...
