Shanghai (China): Despite the bearish trend in exporting Asian nations and the crisis in China&#xx;s property sector affecting the polycarbonate and epoxy resin market domestically, Bisphenol A prices increased in the USA&#xx;s domestic market in February. The USA&#xx;s construction sector exhibited steady growth, maintaining moderate demand for Bisphenol A in downstream polycarbonate and epoxy resin production. Additionally, supply disruptions caused by the Red Sea crisis and Panama Canal drought further impacted the price of Bisphenol A in the USA market. There have been major rise in freight charges on key routes including on the
The Panama Canal drought and attacks in the Red Sea play a crucial role in the narrative of supply disruptions affecting the petrochemical industries, including Bisphenol A. These incidents have compelled carriers to redirect ships around the Cape of Good Hope, leading to a substantial increase in both time and costs for...
