SunSirs: Downstream Demand is Weak, China PC Market is under Pressure
June 30 2021 10:46:17 SunSirs (Selena)
According to the data monitored by SunSirs, as of June 28, the comprehensive price of PC market was 24,116.67 RMB/ ton, which was mainly due to the weak operation of PC in the near future. The demand power was insufficient, and the upstream trend declined. Compared with the same period last month, the price dropped 15.28%, and compared with the same period last week, the price dropped 6.34%.
The PC market as a whole is running weakly, the price has been lowered, the transaction atmosphere is cold, the negotiation focus is weak, the downstream demand is low, it is difficult to boost in the short term, the upstream bisphenol A is weak, the reference negotiation is 20,500-20,600 RMB/ ton, the market transaction atmosphere is general, and China PC market will be weak in the short term.
On June 28, the rubber and plastic index was 777 points, up 1 point from the previous day, down 26.70% from 1,060 points (2012-03-14), the highest point in the cycle, and up 47.16% from 528 points, the lowest point on April 6, 2020（Note: period refers to the period from December 1, 2011 to now）
SunSirs PC analysts think: the downstream demand is flat, the overall market is under pressure, and PC will maintain weak and stable operation in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2024-04-24 SunSirs: Supply Pressure Rises, China PC Market Fluctuates and Consolidates
- 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
