Bisphenol A Market Trading Within a Range (September 20, 2026)

1. Daily Summary

① The domestic Bisphenol A (BPA) market traded within a narrow range today, with sluggish transaction activity.
② The prices of the two raw materials for BPA moved in opposite directions (one up, one down), resulting in a slight decrease in cost value.

2. Spot Market Overview

Table 1: Domestic BPA Price Summary (Unit: CNY/ton)

Based on the East China region, today's closing price for BPA was 11,200 CNY/ton, with a trading range of 11,100–11,300 CNY/ton. This remained stable compared to the previous trading day, consistent with morning expectations. Today's BPA market saw light trading activity; the weekend market was generally flat. Downstream inquiry sentiment was cold, with participants adopting a wait-and-see attitude. Holders showed low operational enthusiasm, offers were limited, and there were few signs of active transactions in the market.

3. Production Dynamics

Today, the BPA capacity utilization rate hovered around 63%. The industry profit margin for BPA stood at -612 CNY/ton.

4. Price Forecast

In the short term, the BPA market will continue to fluctuate. Pre-holiday stockpiling sentiment remains average, with low acceptance of high prices. However, spot supply is relatively tight, providing psychological support to holders, which keeps the short-term market firm. It is recommended to closely monitor downstream actual procurement expectations and production/shipping plans of major manufacturers. Participants are advised to operate cautiously.

5. Related Product Updates

Phenol: Based on the East China region, today's phenol price closed at 9,050 CNY/ton, down 125 CNY/ton from the previous trading day. The domestic phenol market continued its weak trend. On Sunday, the cost side lacked clear guidance, while overall performance appeared somewhat strong due to other factors. End-user enterprises showed insufficient buying interest. Price reductions by Shandong factories increased participant wait-and-see attitudes. Suppliers maintained stable pricing but faced poor shipment rates, leading to cautious discounts and a downward shift in market focus amid low trading volume.

Acetone: Based on the Jiangsu region, today's acetone price closed at 8,775 CNY/ton, up 75 CNY/ton from the previous trading day. The East China acetone market showed slight strength. As end-user factories entered the market to restock, trading sentiment improved. Holders exhibited strong reluctance to lower prices, pushing offers upward. Petrochemical companies mostly maintained stable invoice prices, with actual transactions occurring in small lots and trading volume slightly expanding.

Epoxy Resin: Based on the East China region, today's ex-factory water-clear price for liquid E-51 epoxy resin closed at 15,500–16,000 CNY/ton, a quarter-on-quarter decrease of 100 CNY/ton. In the Huangshan region, the spot cash peripheral price for solid E-12 epoxy resin closed at 14,500–15,000 CNY/ton, down 200 CNY/ton from the previous trading day, consistent with morning market expectations. Prices of the raw material Epichlorohydrin (ECH) fell locally, keeping epoxy resin costs high. Some factories lowered their quotes. Downstream inquiries were limited, trading atmosphere was quiet, and market focus dipped slightly.

Polycarbonate (PC): Today, the domestic PC market consolidated weakly. By afternoon close, the negotiated price range for domestic grade PC in East China was 13,000–15,250 CNY/ton. Overall prices remained largely unchanged from Friday, with some centers shifting down by 50 CNY/ton. Due to weekend makeup workdays, no new factory price adjustments were announced by domestic PC producers. In the spot market, both East and South China regions experienced weak oscillations. Although cost and supply-side support remains, cost transmission continues to be blocked. Trading of high-priced PC remains persistently weak. Participants are in a wait-and-see mode under pressure, showing a willingness to sell according to market trends. Downstream pre-holiday stockpiling operations are scarce, resulting in a "price without volume" phenomenon.