SunSirs: The Price of PC Adjust Moderately In August

　　1.Price Trend

　　According to the data monitored by Sunsirs, the domestic PC market showed a shaky adjustment trend in August. As of August 29, the average offer price of domestic producers and traders for Bayer 2805 was about RMB 18966.67/ton, an increase of 0.18% compared with the beginning of the month.

　　2.Cause analysis

　　PC upstream bisphenol A market trend this month continued last month's weak state, weak price fluctuation adjustment. Downstream follow-up negative buying is scarce, spot rises are unable to sustain decline. Factory acquisition, trading and just-in-demand strategy is the main one. Merchants have greater resistance to shipment. Actually, many orders and low prices are negotiated. Traders are cautious and have less room to operate. Businessmen have a heavy wait-and-see mentality. It is expected that the domestic bisphenol A market will be weaker in the near future, and the cost support for domestic PC is not good. At present, the domestic market climate is different between North and South. PC prices in East China have been boosted by the easing of Sino-US trade frictions in the middle of this month, and the market has risen. Typhoon also delayed the arrival of imports in the early part of this month, affecting the domestic supply of goods, and the spot supply was once tight. With the recovery of supply, the market in South China returned to the Tidy-up atmosphere in the second half of the year, and the mindset of the operators was still more cautious. Although the low-price supply is small, but the demand has not improved. In August, domestic PC spot prices were moderately adjusted.

　　3.Future Market Forecast

　　Sunsirs PC analysts believe that in August domestic PC upstream BPA continued to weaken adjustment, lack of support for PC cost. The improvement of downstream demand is limited, and the operation of stock purchase is cautious. Due to tight supply in the first ten days of the year and the boost from the outside news in the middle ten days, the domestic PC offer has increased. At present, the atmosphere of on-the-spot spot spot trading is general, but the support of news surface still exists. PC is expected to be moderately tidied up in the near future due to its influence. In addition, the plastics industry will soon enter the peak season of "gold, silver and ten". It is suggested that close attention be paid to the supply of domestic and foreign supplies.