BPA Update from China
In the bisphenol-A (BPA) market, spot import market sentiment in China was bolstered by good demand and supply constraints.
Global consumption of downstream epoxy resins is being fueled by economic recovery a year into the pandemic.
Good BPA demand from this sector is likely to persist, particularly in China, where epoxy resins go into the production of wind turbines which enjoy government subsidies.
For the whole of Asia, epoxy resins demand has been robust while supply is tight as Kukdo Chemicals’ plant in China has remained shut since October 2020.
Analysis article by Felicia Loo« Previous Post Next Post »