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SunSirs: China Domestic PC Market Price Continues to Rise, Supply is Tight
November 13 2020 10:41:25SunSirs(Selena)

According to the data monitored by SunSirs, as of November 10, the comprehensive price of PC market was 19,600.00 RMB/ ton, and the PC market fluctuated upward, and the price was increased in a wide range. The price of mainstream products increased 600-1,300 RMB/ ton, which was 14.62% higher than that of the same period last week and 28.38% higher than that of the same period of last month. The overall trend was upward and the spot supply was obviously tight, recent prices remain upward, most manufacturers are reluctant to sell.

The price of China domestic PC market continues to rise, the situation of tight goods is obvious, the price of PC raw materials goes up, the inventory is low, and the price is likely to continue to rise. At present, the latest quotation of Luxi Chemical is 19,200 RMB/ ton, Lihua Yiweiyuan is 18,100 RMB/ ton, and Shanghai Kesi is 21,500 RMB/ ton.

The upstream market price of bisphenol A continues to rise, with a reference price of 14,600-14,800 RMB/ ton. The downstream demand is limited and the purchase is cautious. At present, the shipment is normal, the supply is sufficient and the inventory is not under pressure.

SunSirs PC analysts believe: in the short term, the focus of China PC market negotiations will further move up, and continue to run at a high level.

 

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