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SunSirs: China PC Market Demand is Weak, Transaction Atmosphere is Flat
May 19 2021 13:40:08SunSirs(Selena)

According to the data monitored by SunSirs, as of May 18, the comprehensive price of PC market was 28,733.33 RMB/ ton. The PC market has maintained a stable operation in the near future, with a strong wait-and-see atmosphere and a general transaction atmosphere. Compared with the same period last week, the price remained stable, and the PC market was in a dilemma of rise and fall, with a narrow range of fluctuations.

The upstream BPA runs well in East China, the negotiation reference is 25,900-26,100 RMB/ ton, the negotiation atmosphere is flat, the purchase is mainly on demand, and the inventory is normal.

Bisphenol a commodity index was 253.17 on May 17, up 0.95 points from the previous day, down 10.60% from 283.19 points (2021-04-16), the highest point in the cycle, and up 251.19% from 72.09 points, the lowest point on April 6, 2020(Note: period refers to the period from March 1, 2020 to now).

SunSirs PC analysts believe that, in the short term, China PC market will maintain stable, narrow shock.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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