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SunSirs: China Domestic PC Market Rose steadily Last Week
January 18 2021 10:47:01SunSirs(Selena)

According to the data monitored by SunSirs, as of January 15, the comprehensive price of PC market was 19,066.67 RMB/ ton. Last week, the PC market was stable and increased. The focus of negotiation was on the upper side, and the price rose slightly, with an increase of 2.14%. The purchasing atmosphere was generally wait-and-see, with a narrow fluctuation in the short term.

Last week, the transaction atmosphere of the domestic PC market was normal, the overall trend was stable, and the price rose slightly. The downstream just purchased by needs, and the wait-and-see atmosphere was strong. At present, the domestic spot supply side is normal, the operating rate of enterprises is normal, the inventory side is normal, and the current shipment is smooth.

The upstream bisphenol A market was in an upward trend, mainly through negotiation, while the downstream just purchased by needs, with limited demand. The mainstream quotation reference was 13,100-13,200 RMB/ ton.

On January 14, the rubber and plastic index was 692 points, up 3 points from yesterday, down 34.72% from 1060 points (2012-03-14), the highest point in the cycle, and up 31.06% from 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)

SunSirs PC analysts believe that: China PC market is expected to be stable and strong in the short term, mainly in a narrow range.

 

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