SunSirs: China PC Market is Weak, Demand is Difficult to Boost
July 16 2020 10:25:51 SunSirs (Selena)
China's PC market is weak and stable, with a narrow range of shocks. The industry is cautious and wait-and-see. The downstream demand is weak, and the purchasing enthusiasm is general, so it is mainly discussed.
The domestic PC market is light with wait-and-see operation. Domestic PC manufacturers have strong willingness to for price rise, but the downstream demand is difficult to boost. The number of actual transactions is limited, raw materials are weak and falling, and the cost is lack of good support. At present, the reference range of PC prices in East China is 13,800-14,300 RMB/ ton, Luxi Chemical 13,000 RMB/ ton, Lihua Yiweiyuan is 13,500 RMB/ ton, Shanghai Kesi is 14,800 RMB/ ton, and Lotte Chemical is 12,350 RMB/ ton.
The upstream bisphenol A was in a downward trend, with negative atmosphere and low negotiation focus. The reference price in East China market was 9,000-9,300 RMB/ ton, and the demand was light.
On July 13, the chemical index was 664, which was the same as the previous day, decreased by 34.65% from the highest point of 1,016 (2012-03-13), and increased by 11.04% from the lowest point of 598 on April 8, 2020. (Note: period refers to 2011-12-01 to now
PC analysts of SunSirs believe, it is expected that China PC market will maintain a weak and stable operation in the short term, and the demand will be weak and difficult to boost. (the above prices are provided by major PC manufacturers all over the country and analyzed by SunSirs PC analysts for reference only. Please contact relevant manufacturers for more price details.)
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