For the Quarter Ending March 2026
Bisphenol S Prices in North America
- In United States, the Bisphenol S Price Index rose quarter-over-quarter in Q1 2026, driven by elevated costs.
- Producer Price Index rose 4.0% in March 2026, reflecting higher intermediate chemical feedstock and energy expenses.
- Consumer Price Index rose 3.3% in March 2026, as surging crude oil increased transportation expenses.
- Retail sales grew 4.0% in March 2026, supporting steady Bisphenol S demand outlook for thermal paper.
- Industrial production grew 0.7% and the Manufacturing Index expanded in March 2026, boosting industrial material consumption.
- Unemployment remained at 4.3% and consumer confidence reached 91.8 in March 2026, sustaining baseline consumer spending.
- Bisphenol S production cost trend faced upward pressure as sulfuric acid feedstock costs spiked in Q1 2026.
- The Bisphenol S Price Forecast trended upward as construction housing starts strengthened during January 2026.
Why did the price of Bisphenol S change in March 2026 in North America?
- Sulfuric acid reserves depleted and upstream sulfur reserves tightened significantly across the market in March 2026.
- Seaborne sulfur trade flows and Middle East sulfur supply faced severe operational disruptions in March 2026.
- Global sulfuric acid supply security fears intensified during Q1 2026, pushing overall synthesis expenses higher.
Bisphenol S Prices in APAC
- In China, the Bisphenol S Price Index rose quarter-over-quarter in Q1 2026, driven by escalating phenol feedstock expenses.
- The Bisphenol S Production Cost Trend surged in Q1 2026 as Producer Prices increased 0.5% in March 2026.
- The Bisphenol S Demand Outlook strengthened as industrial production grew 5.7% in March 2026, boosting epoxy use.
- The Manufacturing Index expanded in March 2026, which boosted Bisphenol S consumption in engineering plastics production.
- Retail sales grew 1.7% and CPI rose 1.0% in March 2026, which maintained baseline Bisphenol S demand.
- Unemployment reached 5.4% in March 2026 and consumer confidence hit 91.6 in February 2026, dampening consumer demand.
- Benzene and propylene costs for phenol production surged in Q1 2026 amid crude oil market disruptions.
- Sulfuric acid feedstock inventories for Bisphenol S improved in Q1 2026 following a national export cap.
- The Bisphenol S Price Forecast remained elevated in Q1 2026 due to tightened regional phenol feedstock supply.
Why did the price of Bisphenol S change in March 2026 in APAC?
- Phenol feedstock import availability weakened in Q1 2026, tightening regional stockpiles for Bisphenol S producers.
- Global oil supply chains faced severe disruptions in Q1 2026, elevating petrochemical feedstock freight costs.
- Bisphenol S production costs fluctuated in Jan 2026 as sulfuric acid feedstock prices experienced extreme volatility.
Bisphenol S Prices in Europe
- In Germany, the Bisphenol S Price Index fell quarter-over-quarter in Q1 2026, reflecting softened downstream demand.
- Consumer inflation rose 2.7% in March 2026, while crude oil and energy prices surged simultaneously.
- Producer prices declined 0.2% in March 2026, as the Bisphenol S Production Cost Trend fell alongside phenol.
- The Manufacturing Index expanded in March 2026, while sulfuric acid feedstock costs spiked across Europe.
- Industrial production remained stagnant at 0.0% in February 2026, limiting Bisphenol S industrial consumption growth.
- Retail sales grew 0.7% in February 2026, as thermal paper receipt and label demand stabilized.
- Unemployment stayed stable at 4.2% in February 2026, despite severe logistical delays impacting Q1 2026 imports.
- Consumer confidence dropped to -24.7 in March 2026, weakening the Bisphenol S Demand Outlook considerably.
- The Bisphenol S Price Forecast indicated downward pressure throughout Q1 2026 due to weakened purchasing volumes.
Why did the price of Bisphenol S change in March 2026 in Europe?
- Phenol feedstock and upstream benzene costs declined across Europe during March 2026, lowering production expenses.
- European demand for specialty chemicals and phenolic resins softened significantly during the March 2026 period.
- Middle Eastern petrochemical export volumes faced severe disruptions in March 2026 following regional geopolitical conflicts.
For the Quarter Ending December 2025
Bisphenol S Prices in North America
- In the United States, the Bisphenol S Price Index rose quarter-over-quarter in Q4 2025, driven by increasing costs and demand.
- Bisphenol S production costs increased due to a 2.7% year-over-year CPI rise in December 2025, impacting raw materials.
- Producer input costs for Bisphenol S climbed, with PPI increasing 3.0% year-over-year in November 2025, affecting manufacturing.
- Demand for Bisphenol S strengthened as industrial production expanded 2.0% year-over-year in December 2025.
- Retail sales increased 3.3% year-over-year in November 2025, supporting Bisphenol S demand in consumer applications.
- Natural gas prices rose in 2025, contributing to higher energy and feedstock costs for Bisphenol S production.
- US manufacturing inventories experienced pullbacks in December 2025, indicating tighter supply conditions.
- Demand for Bisphenol S was supported by strengthening domestic semiconductor and lithium-ion battery sectors in October 2025.
Why did the price of Bisphenol S change in December 2025 in North America?
- Rising production costs, influenced by a 2.7% CPI increase in December 2025, pressured Bisphenol S prices.
- Increased industrial production by 2.0% in December 2025 boosted demand for Bisphenol S.
- Higher natural gas prices in 2025 directly elevated energy and feedstock expenses for Bisphenol S.
Bisphenol S Prices in APAC
- In China, the Bisphenol S Price Index fell quarter-over-quarter in Q4 2025, influenced by declining producer prices.
- Bisphenol S production costs decreased in Q4 2025, driven by expanding phenol capacity and propylene oversupply.
- Bisphenol S demand outlook was mixed in Q4 2025, with weak consumer spending despite expanding industrial activity.
- China's Manufacturing Index weakened in October 2025, then improved, returning to expansion in December.
- Industrial production in China rose 5.2% year-over-year in December 2025, bolstering industrial chemical demand.
- Consumer Price Index (CPI) increased 0.8% year-over-year in December 2025, indicating subdued consumer demand.
- Producer Price Index (PPI) declined 1.9% year-over-year in December 2025, impacting Bisphenol S pricing power.
- Raw material inventories for manufacturing declined in October 2025, then stabilized in November.
- The automotive market maintained robust growth through Q4 2025, with new energy vehicle exports surging.
Why did the price of Bisphenol S change in December 2025 in APAC?
- Producer Price Index (PPI) declined 1.9% year-over-year in December 2025, pressuring Bisphenol S pricing.
- Expanding phenol capacity in 2025 contributed to increased supply and lower Bisphenol S production costs.
- Weak consumer demand, with CPI at 0.8% and retail sales at 0.9% in December 2025, dampened Bisphenol S demand.
Bisphenol S Prices in Europe
- In Germany, the Bisphenol S Price Index fell in Q4 2025, influenced by subdued overall chemical demand.
- Bisphenol S production costs faced downward pressure from a -2.5% year-on-year Producer Price Index in December 2025.
- The Bisphenol S demand outlook weakened as the Manufacturing Index was contracting in December 2025.
- Suppressed benzene feedstock prices due to persistent oversupply in Q4 2025 impacted Bisphenol S price trends.
- Bisphenol S inventory levels decreased as companies slowed operating rates in Q4 2025.
- Elevated energy costs in Europe during Q4 2025 contributed to higher Bisphenol S manufacturing expenses.
- Consumer confidence at -17.5 in December 2025, coupled with 6.2% unemployment, dampened Bisphenol S demand.
- Industrial production increased 0.8% year-on-year in October 2025, and retail sales grew 1.1% in November 2025.
- Moderate inflation, with CPI at 1.8% year-on-year in December 2025, contributed to stable operational costs.
Why did the price of Bisphenol S change in December 2025 in Europe?
- Producer Price Index declined 2.5% year-on-year in December 2025, reducing Bisphenol S input costs.
- Manufacturing Index contracted in December 2025, signaling reduced industrial demand for Bisphenol S.
- Benzene feedstock prices were suppressed by oversupply in Q4 2025, impacting Bisphenol S production.
For the Quarter Ending September 2025
Bisphenol S Prices in North America
- In USA, the Bisphenol S Price Index fell quarter-over-quarter, reflecting weak domestic demand.
- Bisphenol S Spot Price under pressure from high inventories and weak downstream purchasing activity.
- Bisphenol S Price Forecast indicates near-term range-bound movement.
- Bisphenol S Demand Outlook subdued as PC, epoxy resin buyers limit procurement, keeping ample inventories.
- Export volumes weakened, lower freight reduced landed costs; major producers operated normally, keeping inventories ample.
Why did the price of Bisphenol S change in September 2025 in North America?
- Weak downstream procurement and ample supply created oversupply, pressuring domestic pricing and sentiment.
- Lower phenol and acetone costs reduced BPS production costs.
- Port delays were minor, and freight eased; ample inventories therefore prevented significant US supply disruption.
Bisphenol S Prices in APAC
- In India, the Bisphenol S Price Index rose by 1.24% quarter-over-quarter, reflecting firmer feedstock-related costs.
- The average Bisphenol S price for the quarter was approximately USD 3082.15/MT delivered into major Indian ports.
- Bisphenol S Spot Price remained stable as domestic demand supported quotations, sustaining the Price Index.
- Bisphenol S Demand Outlook improved modestly driven by downstream epoxy and polymer sectors restocking activity.
- Bisphenol S Production Cost Trend was upward due to higher feedstock and energy expenses.
- Bisphenol S Price Forecast indicates modest upside risk constrained by abundant regional inventories and competition.
- Operational uptime of major Bisphenol S producers remained high, supporting export availability and Price Index.
- Inventories tightened marginally, prompting buyers to cover needs for downstream derivatives, lifting the Price Index.
Why did the price of Bisphenol S change in September 2025 in APAC?
- Tightened feedstock availability and steady downstream consumption constrained supply, applying upward pressure on local prices.
- Rising energy and transport costs elevated production expenses, feeding through into Bisphenol S Price Index.
- Improved export enquiries and modest restocking reduced available inventories, supporting modest price recovery in September.
Bisphenol S Prices in Europe
- In the Netherlands, the Bisphenol S Price Index rose by 3.3% quarter-over-quarter, driven by tight inventories.
- Bisphenol S Spot Price remained range-bound amid imports and limited downstream inquiries restricting significant upward momentum.
- Bisphenol S Demand Outlook stayed subdued as construction and polycarbonate offtake declined, limiting restocking activity.
- Bisphenol S Price Forecast suggests near-term range-bound moves as logistical improvements offset exporter oversupply pressure.
- Producer shutdowns and Pernis phase closure tightened regional supply modestly, supporting spot offers and margins.
Why did the price of Bisphenol S change in September 2025 in Europe?
- Falling Asia-Europe freight rates lowered landed costs, enabling competitive offers, easing upward Price Index pressure.
- Low downstream demand from construction and PC constrained purchasing, keeping spot and Price Index subdued.
- Low feedstock phenol and sulphuric acid reduced production costs, encouraging exporters to sustain competitive offers regionally.
For the Quarter Ending March 2025
North America
Throughout Q1 2025, the Bisphenol S (BPS) market in North America followed a mixed trend, influenced by feedstock phenol costs and variable downstream activity. In January, prices rose slightly as supply from Asian exporters tightened amid plant shutdowns and pre-holiday production slowdowns. However, gains were capped by high inventories and persistent weakness in downstream coatings and epoxy resin applications. Severe winter weather and project delays further softened demand from construction-linked segments, while manufacturers maintained cautious operating rates.
In February, prices began to ease as regional inventories stayed high and demand from polycarbonate and epoxy resin sectors remained muted. Although housing starts showed near-term growth, declining permits and completions signaled limited long-term momentum. By March, BPS prices declined again as production resumed at major facilities in Asia, increasing global supply.
Domestic demand stayed moderate at best, with buyers favoring short-term procurement amid economic uncertainty and subdued end-use consumption. The U.S. construction outlook remained mixed, and ongoing cost pressure from phenol created a narrow margin environment, keeping market sentiment subdued.
APAC
Throughout Q1 2025, the Bisphenol S (BPS) market in the Asia-Pacific (APAC) region witnessed a continuous decline, weighed down by persistent oversupply, weak cost support, and subdued demand from downstream epoxy, polycarbonate, and coating applications. In January, prices dropped due to sluggish demand from adhesives and resins sectors, while stable imports from China and South Korea maintained domestic availability. Though automotive sales offered mild support, limited construction activity and cautious procurement restrained any recovery. February saw another dip as production ramped up post-Lunar New Year, with rising supply outpacing modest demand gains. Improved real estate sentiment and infrastructure development under India’s Union Budget provided some support, yet high inventories and a soft global outlook capped any price upside. In March, prices continued to fall amid muted domestic and export trade, weak phenol feedstock costs, and reduced resin consumption linked to construction sector headwinds. Retail automotive sales rose month-on-month due to festival buying but remained lower on a year-over-year basis. Overall, consistent inventory pressure, restrained buying behavior, and uncertain end-user outlook kept market fundamentals bearish.
Europe
Throughout Q1 2025, the Bisphenol S (BPS) market in Europe exhibited a mixed trend, influenced by feedstock phenol costs, shifting supply dynamics, and subdued downstream demand. In January, BPS prices rose, supported by stronger phenol prices and tight availability from Asian exporters following plant disruptions and holiday-linked shutdowns. However, downstream demand from coatings and epoxy resin applications remained weak, constrained by cold weather and reduced construction activity across the region. February brought a marginal upward movement in prices, as maintenance-related supply constraints persisted in Asia and phenol prices stayed firm. Despite this, consumption in key sectors such as polycarbonate and epoxy resins stayed muted, with the European construction sector showing minimal recovery. Automotive-linked demand also remained soft amid low production rates. By March, BPS prices softened, weighed down by high inventories, weak industrial sentiment, and slower procurement across the Eurozone. Ongoing contraction in construction and uncertainty from potential U.S. tariffs added pressure to the market. With buyers focusing on short-term needs, the overall sentiment in Europe remained cautious, limiting any significant recovery in BPS demand.
