Poor market momentum, PC prices fell

Price trend

 

According to the bulk list data of business society, the domestic PC market fell weakly this week, and the spot prices of various brands were mostly reduced. As of April 24, the reference offer of PC sample enterprises of business society was about 21700 yuan / ton, up or down – 4.26% compared with the average price at the beginning of the month.

 

Cause analysis

 

Industrial chain: in the upstream, the domestic bisphenol a market was stable and small this week, and the offer of the factory was stable. The raw material phenol is in weak operation, and the downstream inventory consumption is slow, but the operating rate has increased, and the demand is expected to improve. The bisphenol A carriers are tight in supply and reluctant to sell obviously. If there is pre holiday stock in the short term, the bisphenol a market will operate strongly.

 

povidone Iodine

The upstream bisphenol a market is sorted out, which can support the cost side of PC. In terms of industry load, there was a production line that was overhauled and resumed work, the on-site supply increased, and the support of the supply side for spot prices weakened. The tension between Russia and Ukraine in Eastern Europe is becoming more and more anxious, which affects the high price of crude oil in the upstream of the far end, and has a general cost transmission effect on PC. The current health events still have the impression that in some parts of East China, the market transportation and demand have shrunk due to its impact, the mentality of operators has weakened, the offer of merchants has been reduced, and the shipment tends to follow the market.

 

Future forecast

 

Business analysts believe that: the domestic PC market fell weakly this week, the upstream bisphenol a market was sorted and operated, and the cost side had a fair supporting effect on PC. In terms of supply, there is abundant supply, and in terms of demand, the spot trading is relatively light. The on-site trading continues to be restricted by health events, and the market momentum decreases. It is expected that the spot price may continue to be weak in the short term.

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