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SunSirs: China PC Price Rises 10.45% in a Month
April 14 2021 11:19:56SunSirs(Selena)

According to the data monitored by SunSirs, as of April 13, the comprehensive price of PC market was 28,900.00 RMB/ ton, and the price of PC market was high and firm, entering a new height in history. Compared with the same period last month, the price of PC increased by 10.45%, or 2,800 RMB/ ton, or 3.96% compared with the same period last week, or 1,700 RMB/ ton.

With the continuous rise of upstream raw materials, the domestic PC market has been running at a high level for many days. The price of PC in early March was 25,800 RMB/ ton, which rose to 26,166.67 RMB/ ton in the middle of March, and 27,233.33 RMB/ ton in the end of March, which increased 5.56% compared with the price at the beginning of the month. In April, the price of PC continued to rise. From the beginning of April to April 13, the price of PC increased by 6.12% GE has been pushed to a new height in history. The overall market is slowing down. The PC market has entered the digestion stage, and the downstream market is slow to follow up. The manufacturers are cautious and positive in shipping. There is a strong wait-and-see atmosphere, and the price support mentality is obvious.

The market of BPA is still on the upward trend, the cost of PC has formed a certain support, and the supply side is tight. The reference negotiation price of BPA is 29,600-29,700 RMB/ ton, which is under pressure. The following is the price trend comparison chart of BPA and PC.

SunSirs PC analysts believe that: raw materials are still expected to go higher, inventory is low, supply is tight, PC will maintain a high level in the short term, the rise will slow down, narrow range consolidation.

 

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