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During the last quarter of 2022, Bisphenol S price in the US market decreased due to cheaper imports. Prices have been following a downward trend for the past three months due to market uncertainties caused by rising inflation and fears of a recession in the domestic market.
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Bisphenol S Price Trend and Forecast During the last quarter of 2022, Bisphenol S price in the US market decreased due to cheaper imports. Prices have been following a downward trend for the past three months due to market uncertainties caused by rising inflation and fears of a recession in the domestic market. In response to these concerns, domestic producers have displayed mixed reactions. Some have chosen to reduce production to address the issue of oversupply, while others have offered discounts to maintain sales. However, demand for the product from the domestic market has also decreased. Imports from the Asian market have remained steady, despite a significant decrease in freight charges.
Free Search Bisphenol S Pricing Online In the final quarter of 2022, Bisphenol S pricing continued to decrease due to the stable to weak demand dynamics and a steady influx of imports from South Asian and Far East Asian countries. The consumption of Polycarbonate and Epoxy resins remained unchanged, as reported by market participants, due to a lack of new orders. During this quarter, freight charges decreased significantly in the global market as supply chains returned to normal. Despite efforts by OPEC+ to stabilize crude oil prices through output cuts, the lockdown in China and the short-term weak demand outlook meant that these cuts had little impact on Bisphenol S prices. As a result, the cost pressures from upstream remained weak throughout the quarter for Bisphenol S. https://www.chemanalyst.com/Pricing-data/bisphenol-s-1224
Prices for Bisphenol S Persisted in the Chinese Market In the last quarter of 2022, the trend of decreasing prices for Bisphenol S persisted in the Chinese market. The market exhibited a lack of buying interest, with limited inquiries and small order quantities. Inventory levels were high, and the supply dynamics were described as stable to the firm, indicating ample material availability. Demand from downstream industries, Polycarbonate and Epoxy resins, remained stagnant or weak, leading to stable volume offtakes with few new orders from downstream users. Additionally, demand from the international market remained weak due to fears of a recession in the Western market, which resulted in low consumption rates. https://www.chemanalyst.com/Pricing-data/bisphenol-s-1224
In the last quarter of 2022, the trend of decreasing prices for Bisphenol S persisted in the Chinese market During the last quarter of 2022, Bisphenol S prices in the US market decreased due to cheaper imports. Prices have been following a downward trend for the past three months due to market uncertainties caused by rising inflation and fears of a recession in the domestic market. In the final quarter of 2022, Bisphenol S prices continued to decrease due to the stable to weak demand dynamics and a steady influx of imports from South Asian and Far East Asian countries. The consumption of Polycarbonate and Epoxy resins remained unchanged, as reported by market participants
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