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SunSirs: China Domestic PC Market was Stable and Weak Last Week (September 7-11)

September 14 2020 13:48:53     SunSirs (Selena)

According to the data monitored by SunSirs, as of September 11, the general price of PC market was 14,566.67 RMB/ ton. Last week, the PC market was weak, down 0.46% compared with the same period of the previous week, and 7.11% higher than that of the same period last month. Although there was a slight decline last week, the overall market showed an upward trend.

Last week, the PC market showed weak and stable operation. Yuyao's PC market was low with poor demand and a dull trading atmosphere. At present, the shipment is smooth, the inventory is general, and the PC cost pressure is still high in the upstream. As of September 11, the shipment in South China was slow, and the focus was cautious. The center of North China was weak, and the transaction order was limited. The reference price in East China is 14,200-15,800 RMB/ ton, the latest quotation of Luxi Chemical is 14,200 RMB/ ton, Lihua Yiweiyuan is 14,000 RMB/ ton, and Shanghai Kesi is 15,500 RMB/ ton.

The price of bisphenol in the upstream was stable. At present, the inventory is low, and the downstream demand is general. It is mainly purchased on demand. The mainstream price is 11,800-11,900 RMB/ ton.

The rubber and plastic index on September 10 was 651 points, down 3 points compared with the previous day, 38.58% lower than 1,060 (2012-03-14), and 23.30% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

SunSirs PC analyst believes: in the short term, the PC market is mainly digested and sorted out, and negotiation is stable. (the above prices are provided by major PC manufacturers all over the country and analyzed by SunSirs PC analysts for reference only. Please contact relevant manufacturers for more price details.)

 

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