- Global BPA sentiment strengthened in Q1’26 as supply concerns, higher feedstock costs, and panic buying outweighed weak early-quarter demand.
- Benzene, phenol, and acetone moved higher after the Iran conflict raised crude and shipping risk, lifting BPA production cost.
- PC and epoxy resin demand recovered after January, forcing restocking even as downstream margins tightened.
Asia
In the Asian region, Bisphenol A prices increased during Q1’26, with the sharpest rise recorded in March. In January, the market remained mostly stable as buyers followed a need-based procurement strategy amid weak off-season demand. However, sentiment improved from February as phenol and acetone costs increased and supply availability tightened. The Iran war and closure of the Strait of Hormuz further strengthened cost pressure by disrupting crude-linked feedstock chains and raising concerns over import flows. Downstream polycarbonate and epoxy resin producers increased purchases to secure raw material, which supported the upward price trend.
Europe
Bisphenol A prices in Europe moved upward during Q1’26 due to rising feedstock and logistics costs. The region faced higher energy-linked production costs after the Middle East conflict affected crude oil movement and freight sentiment. Phenol and acetone availability remained a key concern for producers, while cautious but steady downstream demand from epoxy resin, coatings, adhesives, and polycarbonate sectors supported the market. Buyers avoided large inventories early in the quarter but returned for essential procurement as replacement costs increased.
North America
Bisphenol A prices in North America rose during Q1’26, mainly supported by higher upstream costs and supply-side pressure. Crude oil volatility after the Iran war lifted benzene-related cost pressure, while freight and import uncertainty added to market firmness. Downstream demand from epoxy resin and polycarbonate sectors remained moderate, but buyers increased procurement to avoid later cost escalation. Limited spot availability and cautious seller offers also supported the upward trend.