In December 2025, the domestic bisphenol A market will change its previous sluggish trend and open up an upward channel to stop the decline. Under the multiple favorable factors of supply contraction, marginal improvement in demand, and strengthened cost support, market prices have steadily risen from the low point at the beginning of the month, and traders have a strong sentiment of price support, resulting in a significant rebound in market trading atmosphere. As of December 25th, the benchmark price of bisphenol A in Shengyi Society was reported at 7604.00 yuan/ton, an increase of 426 yuan/ton from 7178.00 yuan/ton on December 1st, with a cumulative increase of 5.93%. The stage rebound trend is clear.

Supply side contraction: device maintenance reduces load, market supply sharply decreases
The substantial contraction of the supply side is the core driving force behind the upward trend of the bisphenol A market. In December, several major domestic manufacturers of bisphenol A entered a state of maintenance or reduced load operation, resulting in a significant decline in industry operating rates and a decrease of about 15% in actual market supply compared to normal levels.
At the same time, the overall inventory of the industry is at a low level, further exacerbating the tight supply situation. The main enterprises are all in a low inventory state. The combination of supply contraction and low inventory has provided a solid foundation for the upward trend of market prices.
Improvement on the demand side: downstream production has rebounded, and rigid replenishment orders have been released
The two core downstream industries of bisphenol A, polycarbonate (PC) and epoxy resin, showed a synchronous recovery trend in early December. On the one hand, there is a rush demand in the terminal field at the end of the year, with an increase in orders from industries such as electronics and composite materials, driving upstream raw material procurement demand; On the other hand, in the early stage, the overall inventory of the industrial chain was reduced to a relatively low level. PC and epoxy resin production enterprises generally adopted a low inventory strategy. With the increase of production load, raw material reserves were rapidly consumed, resulting in varying degrees of raw material shortages, forcing enterprises to increase their efforts to replenish orders.
From the perspective of Business Society, the domestic bisphenol A market is likely to maintain a strong consolidation trend in the short term. On the supply side, the current low inventory pattern in the industry is difficult to change in the short term, and the maintenance and load reduction status of major enterprises will continue. The tight supply situation in the market cannot be substantially alleviated; On the demand side, although the downstream demand for supplementary orders has been partially released, there is still support for year-end rush orders, and essential procurement will maintain a certain scale; On the cost side, the raw material phenol and acetone markets are expected to operate steadily, and cost support is still present. Supported by multiple factors, the market price is expected to remain at a high level of around 7600 yuan/ton in the short term, and traders’ bullish sentiment is difficult to change.
In the medium term, there is a risk of market correction. On the one hand, after the downstream replenishment cycle ends, if terminal consumption fails to keep up, the demand support will weaken, and downstream enterprises’ resistance to high priced raw materials may intensify, putting pressure on the market to reduce inventory; On the other hand, with the restart of maintenance facilities such as Shandong Fuyu Petrochemical in January 2026, market supply will gradually recover, and the supply-demand mismatch pattern is expected to improve. In addition, attention should be paid to the macroeconomic environment and the recovery of terminal industries. If terminal demand continues to be weak, the upward trend of the bisphenol A market is difficult to sustain, and prices may experience a temporary correction.