SunSirs: The Rising Trend of Raw Materials Boosts China PC Prices to Increase

According to the data monitored by SunSirs, as of March 26, the comprehensive price of PC market was 25,300.00 RMB/ ton, the price of PC market continued to rise, and the focus of negotiation continued to be high. Compared with the beginning of this week, the price increased by 3.97%, compared with March 25, the price increased by 4.12%, up to 1,000 RMB/ ton.

Last week, the domestic PC market continued to be high, and the price continued to rise. The raw material bisphenol a market was still expected to rise. The price remained high, the PC cost pressure remained unchanged, and the price was passively rising. It was difficult to see a decline in the short term. The overall market transaction atmosphere was cautious, and the industry held a cautious wait-and-see attitude. Under the influence of various political reasons, a large number of domestic raw material enterprises collectively issued price increase notices, Boost PC market price further. From the supply side, the domestic PC operating rate was 52% last week. At present, the upstream raw materials are at a high level. It is expected that the PC market will still maintain an upward trend in the next week, and the manufacturers will passively support the price. It is difficult for the overall PC market to have a downward trend.

SunSirs PC analysts think: due to the recent high level operation of raw materials and the centralized maintenance of PC enterprises, the operating rate is obviously insufficient. Under the pressure of cost and tight supply, it is expected that the PC market will run at a high price this week, and difficult to decline. The overall trend is mainly upward in a narrow range.

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