According to the data of SunSirs, the PC market in August fluctuated and rose, and the spot prices of various brands rose and fell. As of August 31, the reference offer of PC sample enterprises of business community was about 17,183.33 RMB/ ton, up or down +3.62% compared with the average price at the beginning of the month.
Market analysis
Industrial chain: on the upstream side, the market of bisphenol a gradually increased this month, the supply of goods decreased at the beginning of the month, and the trading atmosphere improved. There are many maintenance devices in the middle of the month, the domestic supply is expected to decline, the import supply is generally supplemented, the external price is up, and the merchants try to make a high price. Domestic factories have increased slightly for many times to stimulate the market, and the carriers have followed up. In the month, the terminal acceptance was improved, and the participation of epoxy downstream factories and intermediate traders was gradually increased. With the help of the factory's price adjustment, the downstream demand is increased, and it is expected that bisphenol A will continue to rise.The upstream bisphenol a market is gradually rising in August, and the pressure on PC cost side is getting stronger all the way. In terms of industrial load, the operating rate of domestic PC enterprises increased by a narrow margin this month, and was generally stable between 60% and 70%. The inventory position of the industry remains high, and the pressure on the supply side continues. The international crude oil at the upstream of the far end rebounded at the end of the month after falling, and the remote support of PC was weak first and then strong. The downstream demand is still lagging behind. The operating rate of terminal enterprises is limited due to factors such as limited power and high temperature. The confidence of stock preparation is poor, and the on-site operation is biased to bargain hunting. Although the profit of production enterprises is poor, due to the gradually obvious cost pressure and the operation of production prices, the merchants follow the market, and the actual transactions are mostly scattered small orders.
Market forecast
SunSirs analysts believe that this month the domestic PC market fluctuated and rose, the upstream BPA market gradually rose, and the cost side gradually put pressure on PC. On the supply side, there are abundant goods on the site, high inventory, weak demand, and buyers have a heavy wait-and-see attitude. At present, the pressure of raw materials in the market and the contradiction between supply and demand compete with each other. It is expected that in the short term, the spot price of PC will be blocked from rising in China.
