SunSirs: The Overall Increase of China PC in July was 5.64%
August 11 2021 14:49:47 SunSirs (Selena)
According to the data monitored by SunSirs, as of August 10, the comprehensive price of PC market was 25,125.00 RMB/ ton. The price of PC was mainly stable in the near future. Compared with the same period last week, the price was stable and flat, and increased by 7.14% compared with the same period last month. The manufacturer shipped actively, the logistics was smooth, the downstream procurement enthusiasm was general, and maintained a weak and stable operation in the short term.
In July, the overall growth rate of PC was 5.64%, from 23,783.33 RMB/ ton at the beginning of the month to 25,125.00 RMB/ ton. In the first ten days of July, the negotiation center operated at a high level, the price continued to rise, the negotiation atmosphere was positive, and the manufacturer shipped smoothly. In the second ten days, the price of PC was mainly stable, maintained at 25,125.00 RMB/ ton.
In early July, the price of upstream raw material bisphenol A rose, the PC cost support was strong, and the PC trend followed closely with the subsequent price rise. In late July, the trend of raw material bisphenol A went down, the transaction atmosphere was cold, the purchase intention was not strong, the PC mentality was hit, the operation was weak, and the price was stable. As of August 10, the PC market remained stable.
On August 9, the bisphenol a commodity index was 255.44, down 0.19 points from the previous day, down 9.80% from the highest point of 283.19 in the cycle (2021-04-16), and up 254.33% from the lowest point of 72.09 on April 6, 2020（Note: period refers to 2020-03-01 to now).
According to SunSirs PC analysts, China PC market is expected to be stable in the short term, with a narrow range of shocks.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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