According to the data monitored by SunSirs, as of May 18, the comprehensive price of PC market was 28,733.33 RMB/ ton. The PC market has maintained a stable operation in the near future, with a strong wait-and-see atmosphere and a general transaction atmosphere. Compared with the same period last week, the price remained stable, and the PC market was in a dilemma of rise and fall, with a narrow range of fluctuations.
The upstream BPA runs well in East China, the negotiation reference is 25,900-26,100 RMB/ ton, the negotiation atmosphere is flat, the purchase is mainly on demand, and the inventory is normal.
Bisphenol a commodity index was 253.17 on May 17, up 0.95 points from the previous day, down 10.60% from 283.19 points (2021-04-16), the highest point in the cycle, and up 251.19% from 72.09 points, the lowest point on April 6, 2020(Note: period refers to the period from March 1, 2020 to now).
SunSirs PC analysts believe that, in the short term, China PC market will maintain stable, narrow shock.
