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SunSirs: Plastics, Poor Performance in National PC Market Demand on February 15  

February 17 2020 10:10:38     SunSirs (Daisy)

Today's comprehensive market price is 14300.00 RMB / ton, and the PC market is weak and stable. At present, it is difficult for the PC market to have a real deal.

Product: The basic information of national PC market did not fluctuate obviously, and the overall wait-and-see pattern continued. Due to the impact of public health events, the downstream demand of PC and the recovery time of logistics are still uncertain, and the market is basically priced. 

Due to the high raw materials and the prominent contradiction between supply and demand, and the absence of effective buyer participation, it is expected that the domestic PC market will continue to wait and see the cold operation today.

Industry Chain: Upstream Bisphenol A: The market fluctuation of bisphenol A in East China was limited on Thursday, with reference to the negotiation of 10800-10900 RMB / ton. Although there are sporadic quotations in the market, there are few market inquiries at present. The quotations are at a high level, so it is difficult to make a deal. Most operators continue to wait and see.

Industry: On February 14, the rubber and plastic index was 642 points, down 1 point compared with yesterday, down 39.43% compared with 1060 points (2012-March-14), and up 11.46% compared with 576 points, the lowest point on December 21, 2015. (Note: cycle refers to 2011-December-01 to now).

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