SunSirs: PC Daily Review of March 2
March 03 2022 13:39:43 SunSirs (John)
Product name: PC
The latest price (March 2): 22,300.00 RMB/ton
Analysis review
The overall domestic PC market fluctuated weakly, and the spot price has been lowered in a narrow range recently.
On the supply side, there were expectations of reductions, but the effect of boosting the market was very limited.
The upstream bisphenol A market was bearish, the price focus moved down, and the PC cost side weakened. The downstream demand did not improved, and the buyer had a strong wait-and-see atmosphere, and the purchase of goods tended to maintain production.
Market outlook
Weak demand is combined with a decline in the cost side. It is expected that the PC market may continue to operate in a weak and volatile manner in the short term.
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- 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
- 2024-02-29 SunSirs: Supplier Support & Cost Boost, China PC Market Stabilized and Rose in February 2024
