According to the bulk list data of SunSirs, the domestic PC market rose in early September and then went sideways, with overall spot prices of various brands rising. As of September 11th, the mixed benchmark price of Shangshang Society PC was around 17,066.67 RMB/ton, with a +0.39% increase or decrease compared to the beginning of the month.

In terms of raw materials: From the above figure, it can be seen that as September approaches, the domestic bisphenol A market continues to rise steadily, with market prices exceeding 11,000 RMB/ton. On the one hand, the focus of the phenol/acetone market on the raw material side is upward, with high support; On the other hand, the spot resources in the supply side market are still tight, and there is not much pressure on factories to ship, resulting in strong offers. It is expected that bisphenol A will operate with high level oscillations in the short term.

In terms of supply: In early September, the overall operating rate of domestic PC saw a narrow decline, and the overall industry load was below 57%. In addition, with the announcement of the maintenance plan for Luxi Chemical, the supply of goods on site has contracted, and the factory price of enterprises has increased significantly, providing strong support for spot prices.

In terms of demand: In early September, the downstream of PC just needed to maintain production, despite the positive impact of various factors in the early stage, the buyer had some upward movement. However, the current operating position of terminal enterprises is average, and the actual stock situation is limited to improve, which provides general support for spot prices.

The PC market remained stagnant after rising in early September. The upstream bisphenol A market is relatively strong, providing strong support for PC costs. The load of domestic polymerization plants continues to decline, and the spot supply in the market has contracted. The trader's mentality is acceptable, and the offer tends to be high and firm. Downstream enterprises have average enthusiasm for receiving goods, and the market is likely to be under pressure when maintenance companies resume work in the later stage. It is expected that the PC market may enter a volatile and weak market in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.