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SunSirs: The Center of China PC Market Negotiations is Low, Continuing the Decline

July 29 2020 08:18:58     SunSirs (Joyce)

According to the data monitored by SunSirs, today's comprehensive market price is 1,3600.00 RMB/ton. The domestic PC market is weak, and the price is slightly lowered. Compared with the same period last week, it falls by 0.73%, and the decreasing amplitude is 100 RMB/ton.

The center of the domestic PC market is falling, and the downstream demand is insufficient, while the upstream lacks good support. The wait-and-see atmosphere is thick, but the negotiation atmosphere is quiet. The center of South China has dropped, and the negotiation is cautious. At present, the price in South China is about 12,700-14,500 RMB/ton, and the mid-and high-end price is 14,200-16,000 RMB/ton. The company’s latest prices are 12,900 RMB/ton for Luxi Chemical, 13,500 RMB/ton for Lihuayi Weiyuan, and 14,400 yuan/ton for Shanghai Covestro. The shipment is slow.

The price of bisphenol in the upstream market continues to drop and keeps the downward trend. The transaction atmosphere is not good, and the negotiation atmosphere is cool. The negotiation price in the East China market was referenced at around 9,100 yuan/ton.

On July 27, the rubber and plastic index was 610 points, a decrease of 1 point from yesterday, a decrease of 42.45% from the highest point in the period of 1060 points (2012-03-14), and an increase of 15.53% from the lowest point of 528 points on April 6, 2020. (Note: The period refers to 2011-12-01 till now)

SunSirs PC analysts believe that the PC market is expected to run steadily and weakly in the short term, and the decline may continue.

(The prices above are provided by major PC manufacturers across China and analyzed by SunSirs PC analysts. They are simply for reference. To gain more details about the price, please contact with the relevant manufacturers for consultation.)

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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