SunSirs: China Domestic PC Market was Weak and the Demand was Poor Last Week
December 14 2020 11:10:31 SunSirs (Selena)
According to the data monitored by SunSirs, as of December 11, the comprehensive price of PC market was 22,666.67 RMB/ ton. last week, the PC market showed a weak operation, the focus of negotiation moved down, and the purchasing atmosphere was cold. Compared with the beginning of December, the price dropped by 1.45%. The upstream raw material support is insufficient, and PC is expected to continue to be weak.
Last week, the domestic PC market transaction atmosphere was cold, downstream was cautious, the overall market was in a flat, the spot supply side was normal, the enterprise operating rate was normal, the inventory side was running normally, the current shipment was smooth, the positive factors was insufficient, the raw material market was weak, the support for the PC cost side was insufficient, the overall mentality of the PC market was pessimistic, and the willingness of enterprises to reduce prices was increasing.
The upstream bisphenol a market was running smoothly, the price reference was 19,500-19,600 RMB/ ton, the shipment was slow, the contract users purchase on demand, and the number of new orders was scarce, so the stable operation was maintained in the short term.
The rubber and plastic index on December 10 was 742 points, 5 points lower than the previous day, 30.00% lower than the highest point 1,060 (2012-03-14), and 40.53% higher than the lowest point of 528 on April 6, 2020. (Note: period refers to 2011-12-01 to now)
SunSirs PC analysts believe that: China PC is expected to maintain a weak operation in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-04-18 SunSirs: Moderate Game between Supply and Demand, China PC Market Remains stable with Little Fluctuations
- 2024-04-02 SunSirs: Moderate Game between Supply and Demand, with a Narrow Rise in China PC Market in March
- 2024-03-27 SunSirs: Mild Fundamentals, China PC Market Tends to Strengthen and Consolidate
- 2024-03-14 SunSirs: Long Short Entanglement, China PC is in Narrow Range Consolidation
- 2024-02-29 SunSirs: Supplier Support & Cost Boost, China PC Market Stabilized and Rose in February 2024
