In China, supply remained ample as major BPA plants continued stable operations and capacity returned from recent maintenance. This ensured steady domestic availability despite limited demand of support.
Feedstock Phenol and acetone prices stayed weak amid softer crude oil sentiment, oversupply risks, and increased Russian crude flows. Phenol output is set to reach xxx,xxx tons in August with Yangzhou Shiyou鈥檚 restart, while Zhenhai Refining鈥檚 phenol-ketone unit-maintained shipments, keeping BPA production costs under pressure.
Port congestion at Qingdao slowed export flows and added to domestic inventories. The peak typhoon season posed further risks of weather-related transport delays.
Demand from polycarbonate and epoxy resin sectors stayed muted, with seasonal slowdowns, high inventories, and low operating rates. Overseas orders were also flat, limiting relief for domestic stock pressure.
闯补辫补苍鈥檚 BPA market experienced similarly soft conditions, with downstream industries in their...
