SunSirs: Raw Materials Go Up sharply, China PC Market passively Push Up with Tight Goods and Rising Prices

According to the data monitored by SunSirs, as of February 5, the comprehensive price of PC market was 20,833.33 RMB/ ton. Last week, the PC market kept rising, and the overall market was on the rise. Compared with the same period last month, the price of PC market increased 10.62%, with an increase of 2,000 RMB/ ton. Near the Spring Festival, the purchasing atmosphere is general, and the traders are bullish. In the short term, the domestic PC market center of gravity remains high, Gains slowed down consolidation operation.

Last week, the price of PC market went up, and the rise of dual raw materials further promoted the price rise of PC. As the Spring Festival approached, manufacturers stopped production. At present, the supply side is tight, the downstream demand is limited, and the operation is flat and stable. The upstream raw materials center of gravity is high, and the trend is upward, which has a certain support effect on PC price. At present, the price of kesichuang 2085 in Yuyao is 22,500 RMB/ ton, and the upstream bisphenol A market is high. The supply of spot goods is tight, the focus of market negotiation is stable, and there is a strong wait-and-see atmosphere in the downstream. The reference negotiation price is around 19,000-19,300 RMB/ ton.

On February 4, the PC commodity index was 86.83, which was the same as the previous day, decreased by 31.11% compared with 126.05 (2017-12-18), the highest point in the cycle, and increased by 70.79% compared with 50.84, the lowest point on May 7, 2020. (Note: period refers to the period from September 1, 2011 to now)

From mid January to early February, the price of bisphenol A continued to run at a high level, the price of downstream PC continued to rise, and the price of bisphenol A continued to rise, which formed a certain pressure on the PC cost side. In early February, the rising trend slowed down, the supply side was tight, and the shipment was stable. The reference price of bisphenol A was 19,200-19,500 RMB/ ton. Maintain the early trend in the short term.

On February 4, the commodity index of bisphenol A was 184.48, unchanged from the previous day, down 1.52% from 187.32 (2020-12-07), the highest point in the cycle, and up 155.90% from 72.09, the lowest point on April 6, 2020. (Note: period refers to from March 1, 2020 to now)

SunSirs PC analysts believe: in the short term, the focus of China domestic PC market remains high, and the rising trend slows down.

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