PC daily review on April 20

Trade name: PC

Latest price (April 20): 22366.67 yuan / ton

Key points of analysis: Recently, the domestic PC market has continued a weak trend. In the upstream, the situation in Russia and Ukraine has become increasingly tense, resulting in the closure of oil fields and the decline of supply. The news has pushed up the international crude oil price, and bisphenol A has gradually followed up. At present, the support of PC cost side is OK. However, in terms of supply, some enterprises started and resumed work in the early stage, and the supply side gradually increased. In terms of demand, at present, due to the impact of health events on East China, logistics and transportation are limited, and the demand follow-up shrinks. Most operators are bearish in the future.

Future forecast: it is expected that the PC market may be weak in the short term.

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