SunSirs: China PC Market was Strong Last Week, the Price Increased slightly
According to the data monitored by SunSirs, as of July 23, the comprehensive price of PC market was 24,500.00 RMB/ ton. The recent price shock of PC has warmed up, and the price has rebounded slightly. Compared with the same period last week, the price has increased 1.55%. The manufacturers have positive shipments, smooth logistics, general enthusiasm for downstream procurement, and maintain strong operation in a short period of time.
Last week, the overall market price of PC increased slightly, the focus of negotiation was high, and the PC market was mainly high and volatile. At present, the supply side is normal, the downstream demand is general, and the wait-and-see atmosphere still exists. In the short term, it is strong and volatile, and the upstream bisphenol A fluctuates narrowly. The price reference is 26,500-26,900 RMB/ ton. At present, the supply of spot goods is tight and the inventory is low.
On July 23, bisphenol a commodity index was 250.14, down 1.7 points from the previous day, down 11.67% from the highest point 283.19 in the cycle (2021-04-16), and up 246.98% from the lowest point 72.09 on April 6, 2020(Note: period refers to 2020-03-01 to now).
SunSirs PC analyst believes that China PC market is expected to run steadily and fluctuate in a narrow range this week.