PC Price Narrow Adjustment in Early June

Price Trend

According to the data monitored by business associations, the PC market was narrow in early June. As of June 5, the average offer price of domestic producers and traders for Bayer 2805 was about 18933.33 yuan/ton.

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II. Cause Analysis

Bisphenol A in PC upstream declined weakly this week. Spot quotation is gradually decreasing, business confidence is affected, delivery order is slow and resistance is greater. Downstream factories just need to purchase, demand has not improved. On-site look at the atmosphere is heavy, it is expected that the market may continue to be weak finishing, the cost of PC support is not good. The traditional overhaul season of PC in China has not completely ended, and the start-up rate of the device is general, and the contradiction between supply and demand is not diminished. Businessmen are cautious in their operation, and the unstable external information aggravates the negative market mentality. Downstream demand has not improved, PC quotation narrow fluctuation adjustment.

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3. Future Market Forecast

PC analysts of business associations believe that the contradiction between supply and demand in the domestic PC market is still prominent in early June, with little turnover. External news turmoil intensified and offer was weak and deadlocked. It is expected that the recent trend will probably continue the narrow adjustment trend.

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