SunSirs: China Domestic PC Price was Down Last Week
December 22 2020 10:40:41 SunSirs (Selena)
According to the data monitored by SunSirs, as of December 18, the comprehensive price of PC market was 21,666.67 RMB/ ton. Last week, the PC market was in a weak position. The focus of negotiation moved down, and the purchasing atmosphere was cold. Most manufacturers lowered their prices, which fell by 5.80% compared with the beginning of December. The upstream raw material support was insufficient, and PC had the expectation of continuing to be weak.
Last week, the atmosphere of domestic PC market was cold and the price continued to be weak. Manufacturers lowered the prices. The downstream side was cautious and the shipment was slow. The overall market was in a flat state. The spot supply side was normal, the enterprise operating rate was normal, and the inventory side was running normally. At present, the delivery was smooth, the favorable factors were insufficient, the raw material market was weak, and the support for PC cost side was insufficient. The market as a whole is pessimistic, and the willingness to reduce prices is increasing.
The upstream bisphenol A market is weak, the price reference is 17,700-17,800 RMB/ ton, the shipment is slow, the contract users just purchase by needs, the number of new orders is scarce, the overall market is weak, the downstream is mainly wait-and-see, the transaction atmosphere is cold, and stable operation is maintained in the short term.
PC analysts believe that: China PC is expected to maintain a weak operation in the short term.
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