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Bisphenol A epoxy resins declined in tandem

2021-05-08View Original

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Bisphenol A price trend: declining. Product, Delivery Location, Quotation: Bisphenol A, East China/North China – 26100/25800. Market overview of bisphenol A: Bisphenol A prices dropped this week. The main downstream application of bisphenol A, epoxy resin, is found in industries such as coatings, electronics, composite materials, and construction. As it is closer to the end market, it is not possible to pass on costs, and high prices over the long term limit demand for epoxy resin. Currently, the supply of epoxy resins in the market exceeds demand, leading to a drop in prices. Customers are highly cautious, preferring to buy when prices are high rather than low; the lower the price, the less inclined they are to make purchases. There is no demand for epoxy resins, and it is inevitable that raw material bisphenol A will decline as well in the absence of any cost support.
Reply #22021-05-08
Even with further drops in bisphenol A, profits remain high

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