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SunSirs: With the Coming of Maintenance Season,Raw Materials and PC Prices are Rising

March 26 2021 10:43:27     SunSirs (Selena)

According to the data monitored by SunSirs, as of March 25, the comprehensive price of PC market was 24,300.00 RMB/ ton, which was 2.24% higher than that on March 24. The price of PC market was running at a high level. Recently, the news of maintenance came out from PC enterprises. It is estimated that the maintenance plan for one month has been determined. In the short term, the PC market will continue to rise, and the focus of discussion will be high.

The PC raw material market continued to rise. Under the pressure of cost, PC passively rose. At present, many PC enterprises have determined the plan of parking and maintenance. The maintenance time of Kesi Chuang is between April and May, with a capacity of about 500,000 tons/ year. Shanghai Mitsubishi is expected to start maintenance in May, with a capacity of about 100,000 tons/ year. Wanhua chemical is expected to start maintenance in August, with a capacity of about 210,000 tons/ year. In the first ten days of April to the first ten days of May, the production capacity is 60,000 tons/ year. Luxi Chemical and Lihua yiweiyuan have not yet determined the overhaul time. In the next few months, the collective overhaul of PC enterprises will face the state of shutdown and production reduction. The price trend of domestic PC market is easy to rise but difficult to fall.

SunSirs PC analysts think: as enterprises start maintenance plans one after another and upstream prices remain high, China PC price is expected to rise slowly in the short term, with cautious  transaction.

 

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