PC Morning Market Alert: Domestic PC Prices Expected to Rise Amid Volatility

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1. Tuesday: International crude oil prices rose, with ICE Brent crude oil futures for June contract closing at $111.26, up $3.03 per barrel.

The price of raw material Bisphenol A in East China remained stable at 9,750 yuan/ton.

Domestic PC plants' latest ex-factory prices are stable or down by RMB 300/ton, while Zhejiang Petrochemical's auction price rose by RMB 500/ton.

Domestic material spot prices have halted their decline and show strong signs of stabilizing.

The core logic: upstream raw materials show a narrow fluctuation, cost pressure eases, and the benefits of maintenance become evident, leading the market to stop falling and start to recover.

II. Market Outlook

Yesterday, the high premium transaction of Zhejiang Petrochemical auction ignited market sentiment. Coupled with the approaching May, when domestic PC plants are concentrated in maintenance, the market is showing a stronger tendency to stabilize and support prices. Before the holiday, downstream factories increased their procurement of inventory, leading to a reduction in low-end supply. It is expected that the price level of domestic PC in China may rise slightly today, with attention focused on further market transactions. 。