Price trend

According to the data monitored by SunSirs, the comprehensive market price on the 9th was 14,600.00 RMB/ton. Recently, the domestic PC market price has mainly risen. Compared with the same period last week, the PC price increased by 5.29%, an increase of 800 RMB/ton.  At present, cost support is strong, and the market is bullish.

Analysis review   

Recently, the PC market has experienced a violent rally, the market is high, the downstream is available for use, and the high-price trading volume of the manufacturers is limited. There is some resistance in the on-site trading. The PC market is currently shipping smoothly without obvious pressure, and the supply is sufficient. The recent industry chain products are all With the upward trend, driven by the cost, the PC market price will further increase, and the overall trend is rising.

The upstream bisphenol A market price continues to rise. At present, the supply side is tight, and the PC cost is well supported. The reference price of bisphenol A is around 12,500-12,600 RMB/ton.

On June 8, the rubber and plastic index was 606, up 6 points from the former day, down 42.83% from 1060 (2012-03-14), the highest point in the cycle, and up 14.77% from 528, the lowest point on April 6, 2020. (Note: cycle refers to 2011-12-01 to now)

Market outlook

SunSirs analyst PC analysts believe that the PC market will rise steadily in the short term, digesting the previous gains, and not excluding the possibility of continuing to rise.

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