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SunSirs: The Trend of Domestic PC Market Rose Last Week

October 20 2020 10:23:33     SunSirs (Selena)

According to the data monitored by SunSirs, as of October 16, the general price of PC market was 16,333.33 RMB/ ton, and the price of domestic PC market was up, and the negotiation atmosphere was positive. Compared with the same period of the previous week, the price of PC was increased by 6.99% and 12.39% compared with that of the same period last month. The overall trend showed an upward trend, and it is possible to continue to rise.

China domestic PC market is relatively strong, with a strong bullish atmosphere and high negotiation focus. Merchants are active in shipping, logistics is smooth, and inventory is not under pressure. Most of them just need to purchase small orders. The overall atmosphere of PC is good, and the rising trend is maintained in the short term. The latest price of the enterprise is 16,000 RMB/ ton for Luxi Chemical, 15,200 RMB/ ton for Lihua yiweiyuan, and 17,800 RMB/ ton for Shanghai Kesi. The delivery is smooth and the supply side is normal. The low-end reference price is 16,200-18,100 RMB/ ton, and the middle and high-end reference price is 18,000-19,800 RMB/ ton.

The upstream market price of bisphenol fluctuated as a whole, the negotiation atmosphere was general, the quotation was stable, and the market transaction was dull.

The rubber and plastic index on October 15 was 668 points, up 1 point compared with the previous day, 36.98% lower than 1,060 (2012-03-14), and 26.52% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

SunSirs PC analysts believe that: in the short term, China PC market is expected to maintain a strong trend, with prices rising steadily.


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