SunSirs: China Domestic PC Market is Stable and Strong

　　According to the data monitored by SunSirs, as of August 19, the comprehensive price of PC market was 25,450.00 RMB/ ton. The overall PC market operated strongly this week, up 1.09% compared with the same period last week and 5.71% compared with the same period last month. The manufacturer shipped actively, the logistics was smooth, the downstream procurement enthusiasm was general, and maintained a strong operation in the short term.

　　This week, the overall market price of PC has increased slightly, the cost pressure has increased, and the PC market is operating in a narrow range. At present, the supply side is normal, the downstream demand is general, the wait-and-see atmosphere still exists, the rising momentum is insufficient, and it is mainly cautious to wait and see. It is strong and volatile in the short term, the focus of negotiation is high, and the supply side of upstream bisphenol A is tight. At present, the quotation range is 26,900-27,200 RMB/ ton in East China, The price in North China is 27,000-27,200 RMB/ ton, and the manufacturer runs at a high price.

　　On August 18, the bisphenol a commodity index was 256.01, unchanged from the previous day, down 9.60% from the highest point of 283.19 in the cycle (2021-04-16), and up 255.13% from the lowest point of 72.09 on April 6, 2020(Note: period refers to 2020-03-01 to now)

　　SunSirs PC analysts believe that it is expected that China PC will remain stable and narrow consolidation next week.