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SunSirs: Lack of Cost Support, China PC Market Continues to be Weak
June 02 2021 11:06:28SunSirs(Selena)

According to the data monitored by SunSirs, as of May 31, the comprehensive price of the PC market was 28,466.67 RMB/ ton, which was dominated by the weak operation of the PC market in the near future. Compared with the same period last week, the price dropped 0.93%. At present, the market has a strong wait-and-see atmosphere, and the transaction atmosphere is general. In the short term, the PC market has a narrow fluctuation and maintains a weak trend.

The PC market is weak, the trading mentality is stalemate, the focus of negotiation is low, the downstream follow-up is slow, and just need to purchase is maintained. There is a strong wait-and-see atmosphere in the PC market. In the near future, it is mainly weak shock, and it is possible to continue to decline. The upstream bisphenol A falls sharply, the demand is low, the low price level is endless, the bad factors are obvious, and the PC cost is lack of support.

Bisphenol A commodity index was 196.78 on May 30, which was the same as the previous day, decreased by 30.51% compared with 283.19 (2021-04-16), the highest point in the cycle, and increased by 172.96% compared with 72.09, the lowest point on April 6, 2020(Note: period refers to the period from March 1, 2020 to the present)

SunSirs PC analysts of business club believe that, the upstream market has fallen sharply, the downstream demand is insufficient, and the PC market is expected to be weak this week in China.

 

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