SunSirs--China Commodity Data Group

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SunSirs: Strong PC Market Trend in China Last Week, Good Purchasing Atmosphere

October 27 2020 10:43:34     SunSirs (Selena)

According to the data monitored by SunSirs, as of October 23, the comprehensive price of PC market was 16,533.33 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 had increased by 1.22% and 13.24% compared with that of the same period of last month, showing an overall upward trend.

Last week, the domestic PC market was relatively strong, the manufacturers' shipment was normal, the device operation was normal, the focus of negotiation was high, the merchants' shipment was positive, the logistics was smooth, the inventory was not under pressure, and most of them just needed to purchase with small orders. The overall atmosphere of PC was better, and the rising trend was maintained in the short term. The latest prices of enterprises were 16,000 RMB/ ton of Luxi Chemical, 15,800 RMB/ ton of Lihua yiweiyuan, 17,800 RMB/ ton of Shanghai Kesi, The delivery is smooth and the supply side is normal. The reference price of low-end is 16,200-18,100 RMB/ ton, and that of middle and high-end is 18,000-19,800 RMB/ ton.

On October 22, the rubber and plastic index was 691 points, up 5 points compared with the previous day, 34.81% lower than 1060 (2012-03-14), and 30.87% 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 rise steadily, with narrow range consolidation and limited rising space.

 

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