Shanghai (China): In January xxxx, the domestic market for Bisphenol A in China exhibited a sluggish trend, with minimal price fluctuations due to weak cost support from feedstock phenol and acetone prices and minimal trading activities. The demand for Bisphenol A from downstream sectors such as polycarbonate resin and epoxy resins remained limited, primarily influenced by the slower growth of the construction sector in China.
The property and construction sectors play pivotal roles as downstream industries for Bisphenol A. In xxxx, the property sector experienced a x.xx decline in added value, causing a ripple effect on related industries, particularly downstream construction. Projections from the International Monetary Fund (IMF) indicate a substantial xxx drop in new housing demand in China over the next decade, further impacting these sectors. In January xxxx, new housing supply and sales for the key xx cities in China witnessed a significant month-on-month...
