1. Price Trend

According to data from SunSirs, today's comprehensive PC market price (click see 30-day price trend) is 14,333.33 RMB/ ton. The downstream wait-and-see atmosphere is strong, just needed to purchase mainly, the transaction atmosphere is flat.

The PC Commodity Index is 59.80 on November 28, which is the same as yesterday. It was 52.56% lower than the highest point of the cycle at 126.05 (December 18, 2017) and increased by 7.15% from the lowest point of November 18, 2019 at 55.81. (Note: Period refers to September 1, 2011 to present)

2. Market Analysis

Products: downstream demand is limited, just need to purchase mainly. The overall supply has fallen short of expectations. The delivery of goods is slow. Some spot is in short supply and the cost of imported materials is still supported. Most businesses are cautious to wait and see the actual order discussion.

Industry chain: The bisphenol A market in East China is digested. The downstream procurement is not active. The procurement is mainly based on exact needs. The wait-and-see atmosphere is strong. Traders are under pressure to take the goods, but the price is stalemate. The reference range is 9,500-9,600 RMB/ton.

3. Market Forecasting

SunSirs PC analysts believe that the domestic PC market is weak and stable in the short term. .

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