Bisphenol A Prices, Chart, News, Monitor and Forecast
Bisphenol A Price in USA
- United States: 1,568 USD/MT
During the Q2 2024, the bisphenol A costs in the USA reached 1,568 USD/MT.
The latest report by IMARC Group, titled "Bisphenol A Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of bisphenol A prices. This report delves into globally, presenting a detailed analysis, along with informative bisphenol A price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Bisphenol A Prices Analysis:
- China: 1,367 USD/MT
- Netherlands: 1,695 USD/MT
- Saudi Arabia: 1,459 USD/MT
Report Offering:
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The study delves into the factors affecting bisphenol A price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/bisphenol-a-pricing-report/requestsample
Bisphenol A Price Trend
The bisphenol A (BPA) market is being driven by several key factors, including increasing demand from the downstream industries of epoxy resins and polycarbonates (PC). These materials are extensively used in various sectors such as construction, automotive, and electronics, all of which are experiencing growth. Additionally, rising crude oil prices, exacerbated by geopolitical tensions, are affecting the cost of feedstock chemicals like phenol and acetone, essential for BPA production. Global supply chain disruptions, such as plant shutdowns in key exporting countries, container shortages, and port congestion, are contributing to the scarcity of BPA. This limited supply, combined with recovering demand in regions like North America and APAC, has resulted in upward pricing pressure. Moreover, sectors like housing in the U.S. and construction in regions like China and Saudi Arabia have shown strong recovery, further bolstering BPA demand. The rapid growth of exports in China and an uptick in construction activities in other regions also play a significant role in driving market dynamics.
Factors influencing bisphenol A (BPA) prices in Q2 2024 by region:
North America:
In Q2 2024, BPA prices in North America were influenced by a combination of factors. The quarter started with declining prices due to ample supply and low demand from epoxy resin and polycarbonate markets. However, prices surged in May and June, driven by a scarcity of feedstock phenol and acetone, rising crude oil prices, and supply chain disruptions, such as container shortages. The recovery in the housing sector and increased domestic demand further supported price increases, with plant shutdowns in exporting countries exacerbating the supply constraints.
APAC:
In the APAC region, BPA prices followed a similar pattern of initial decline followed by a sharp recovery. In April, oversupply and low downstream demand led to a price drop. However, May and June saw significant price surges driven by constrained feedstock availability and rising crude oil prices due to geopolitical tensions. Plant shutdowns in China and other exporting nations worsened the supply situation. Additionally, a strong recovery in China's housing sector and a surge in export growth supported healthy BPA prices by the end of the quarter.
Europe:
In Europe, BPA prices were negatively affected in April and May due to weak demand from the polycarbonate and epoxy resin industries, particularly as construction activities slowed across the Eurozone. However, a price recovery occurred in June, fueled by limited feedstock availability and higher crude oil prices. Supply chain disruptions, including container shortages and global plant shutdowns, also played a role in pushing prices upward. Despite this June recovery, prices in the European region remained lower overall compared to the previous quarter.
MEA:
In the Middle East and Africa (MEA) region, BPA prices saw a mixed trend. In April, prices dropped due to oversupply and weak demand from the epoxy resin and polycarbonate sectors. However, the market rebounded strongly in May and June, with prices rising due to a shortage of feedstock materials and higher crude oil prices linked to geopolitical issues. The construction sector’s recovery in Saudi Arabia, along with global supply chain disruptions, further tightened market availability, leading to higher prices by the end of Q2 2024.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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