In June, the domestic bisphenol A market continued to weaken, and the focus of spot prices steadily shifted downwards, presenting an overall downward trend of weak supply and demand and cost loss. During the month, market trading was sluggish, manufacturers faced significant pressure to ship, industry profit margins continued to shrink, and terminal demand follow-up was weak. The market’s pessimistic sentiment persisted throughout the month.
The loosening of cost support is an important factor in the downward trend of bisphenol A. The weak trend of international crude oil prices in June, coupled with the easing of the situation in the Middle East, put overall pressure on commodities, driving down the prices of chemical raw materials. The spot prices of core raw materials phenol and acetone continue to decline, and the pure benzene market also maintains low volatility, completely weakening the cost bottom of bisphenol A. The significant decrease in raw material prices has released room for product price reductions, and the continuous decline in production costs for enterprises has further forced the market price of bisphenol A to fall accordingly.

The pattern of loose excess supply continues to intensify, and the market is weak. With the concentrated restart of maintenance facilities in the phenol ketone industry and the continuous release of new production capacity, the overall operating rate of bisphenol A in China remains high, and the market supply is sufficient. At the same time, the supply of imported goods has been replenished, and the market circulation of goods has further increased. The inventory pressure in the industry continues to rise, and manufacturers actively offer discounts to reduce inventory, intensifying market price competition.
The weak terminal demand is the core factor dragging down the market. In June, the downstream epoxy resin and PC industries entered the traditional consumption off-season, and the demand for terminal fields such as building materials, coatings, and wind power continued to be sluggish, with insufficient new order growth. Downstream enterprises mainly consume existing inventory and only make small purchases as needed, without centralized stocking operations. The market demand support is seriously insufficient, and the problem of supply-demand mismatch is becoming increasingly prominent.
Overall, the bisphenol A market continued to decline in June due to the triple negative pressure of cost, supply, and demand. The core contradiction of short-term industry oversupply is difficult to alleviate, and inventory pressure still exists. It is expected that the bisphenol A market will continue its weak and volatile trend in the short term, and prices are likely to remain low.