Product
Bisphenol A Price Trend and Forecast
Bisphenol A Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Bisphenol A in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
Prices for bisphenol A during the first quarter of 2022 in Asia reflect mixed feelings. In January and February, prices declined owing to the weak demand from the domestic market together with the large inventory levels in the downstream industries. The price dropped from January to February by around 4.4%. As a result, by the quarter ending in 2022, Bisphenol A prices in India averaged 3056 USD/MT in March.
The price trend for Bisphenol A for the quarter ending June 2022 was lowered by the subpar buying sentiments from the Indian domestic market. Due to the low demand for the product, downstream plastic producers saw a decline in Bisphenol A demand. Additionally, the local market's raw material costs demonstrated a downward trend. As a result, the price of phenol feedstock and crude downstream caused a decline in the Bisphenol A market.
Europe
Prices for bisphenol A showed a slight increase in the first quarter of 2022. Due to rising upstream oil, feedstock, and acetone and phenol costs brought on by Russia's invasion of Ukraine, Bisphenol A prices increased. Furthermore, the market for Bisphenol A was impacted by the trade interruption brought on by rising gasoline prices.
The cost of bisphenol A in Turkey rose to 1642 USD/MT CFR Izmir in March. Bisphenol A price trends showed an upward tendency during the second quarter of 2022. The rising demand from downstream derivative polycarbonate markets, which influenced the pricing of bisphenol A, supported the price increase. Following the crisis between Russia and Ukraine, Bisphenol A demand increased and domestic market spending increased.
North America
Prices for bisphenol A showed a mixed trend and significant price volatility during the first quarter of 2022. Due to the restricted usage of BPA in plastics used in food packaging, as excessive exposure to BPA can be dangerous, the price of bisphenol A increased in January and then decreased in February. BPA prices fell by 3.2% in February, settling at 4060 USD/MT FOC Texas.
During the second quarter of 2022, the price trend for bisphenol A was inconsistent in the US market. The price of the feedstock benzene and phenol increased due to the tight supply of upstream petroleum and the sanctions placed on the import of Russian crude, which also affected the values of bisphenol A. Inflation and concerns about an impending recession drove up the price of bisphenol A in June.
Analyst Insight
According to Procurement Resource, bisphenol A prices are expected to weaken compared to the previous months. The sufficient availability of feedstock acetone at reduced prices will lead to stockpiling of the product in the market, given the dwindling offtakes.
Procurement Resource provides latest prices of Bisphenol A. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Bisphenol A (BPA) is a chemical molecule that is largely utilised in the production of plastics. It is a colourless solid that is soluble in most organic solvents but extremely insoluble in water. BPA is manufactured on an industrial scale through the condensation of phenol and acetone, and global production is predicted to reach 10 million tonnes by 2022.
The remaining 5% of BPA is used in a variety of applications, many of which are plastic-based. BPA is a prominent component of numerous high-performance plastics, whose manufacturing is minimal in comparison to other polymers but nevertheless amounts to thousands of tonnes per year. Minor levels of BPA are also employed as additives or modifiers in certain commodities.
Product Details
| Report Features | Details |
| Product Name | Bisphenol A |
| HS CODE | 290723 |
| CAS Number | 80-05-7 |
| Industrial Uses | Plastic industry, Coating of pipelines, Medical devices, Safety glasses, windows and helmets |
| Chemical Formula | C15H16O2 |
| Synonyms | Diphenylpropane, BPA |
| Molecular Weight | 26.03 g/mol |
| Supplier Database | The Dow Chemical Company, Teijin Co., Ltd, LG Chem, SABIC, Kumho P&B Chemicals. Inc. |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Bisphenol A Production from Acetone and Phenol; from Acetone via Condensation
In the process using acetone and phenol, the chemicals are reacted in the presence of a cation-change resin catalyst which further produces bisphenol A.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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