The cost is rising, the demand is weak, and the rise of PC price is blocked

Price trend

 

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According to the data of the business community’s bulk list, the PC market was volatile this week, and the spot prices of various brands rose and fell. As of August 12, the reference offer of PC sample enterprises of business community was about 16900 yuan / ton, up or down + 1.91% compared with the average price at the beginning of the month.

 

Cause analysis

 

Industrial chain: on the upstream side, the ex factory price of bisphenol A enterprises increased this week, and traders followed the factory to gradually push up the operation. On the other hand, Huizhou Zhongxin plant is restarted, and Cangzhou Dahua new plant is put into production. It is expected that the supply may be increased. In addition, the cost support is limited. It is expected that the short-term increase of bisphenol A may be narrowed. It is suggested to pay attention to whether there is a breakthrough in the short-term market offer.

 

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This week, the upstream bisphenol a market was rising, and the PC cost side support was strong. In terms of industrial load, the operating rate of domestic PC enterprises has limited changes this week, and some enterprises will rise or fall next week. The inventory position of the industry remains high, and the pressure on the supply side continues. The international crude oil at the far end and upstream continues to fluctuate under the influence of macro inflation factors, resulting in the weak mid – and long-term support of PC. Downstream demand is still lagging behind. Terminal enterprises are limited in operating rate due to various factors, and have poor confidence in stock preparation. On site operations tend to bargain hunting and digest low-end offers. The merchants are willing to reduce prices and take orders. In fact, small orders are the main ones.

 

Future forecast

 

Business analysts believe that this week, the domestic PC market fluctuated slightly, the upstream BPA market gradually rose, and the cost side’s support effect on PC was enhanced. On the supply side, there are abundant goods in the market, high inventory, and bargain hunting on the demand side. The buyer is cautious. It is expected that the spot price of PC will rise in the short term.

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