Daily Review: PC Domestic Market Mainly Stable, Trading Atmosphere Stalemate

Market Trends

On December 15, 2025, the average price of PC in the market was 14,131 yuan/ton, an increase of 46 yuan/ton from the previous working day, with a rise of 0.33%. The domestic market for PC today mainly remained stable, while some imported materials experienced price increases due to tight supply. Prices for domestic materials stayed steady, and currently, factories do not face significant shipping pressure, with quotes still showing an upward trend. Downstream enterprises are cautious in their market entry, and there is a strong atmosphere of wait-and-see among participants, resulting in stagnant trading activity. In terms of pricing: the mainstream negotiation for low-end materials in East China is referenced at 11,500-11,950 yuan/ton, while mid-to-high-end materials are referenced at 14,550-22,300 yuan/ton.

Table: PC Market Prices

Upstream Market Dynamics

Crude Oil: Trump spoke with the leaders of the UK, France, and Germany to discuss the latest developments in the Ukraine peace negotiations. The market continues to focus on the progress of peace talks between Russia and Ukraine, and the IEA still claims that there is an oversupply, putting pressure on the market. However, new U.S. sanctions on Venezuela limited the decline in oil prices. International crude oil prices closed only slightly lower. On December 12, U.S. WTI crude for January delivery fell by $0.16 per barrel, or -0.28%, to settle at $57.44 per barrel; Brent crude for February delivery fell by $0.16 per barrel, or -0.26%, to close at $61.12 per barrel. The main SC futures contract 2602 closed at 438.5 yuan per barrel.

Bisphenol A: The domestic market for bisphenol A is steadily consolidating with a watchful atmosphere. At the beginning of the week, the market is inertially observant, with suppliers' quotations stable to slightly increasing. Traders adjust their operations accordingly. Downstream enterprises mainly consume contracts and raw material inventories while observing the market, showing low enthusiasm for inquiries and purchases. Negotiations for immediate needs are yet to follow up.

3. Market Forecast

At the beginning of the week, the market sentiment is cautious, with weak buying interest and tight supply of low-end materials supporting the expectation of price increases. Attention should be paid to the downstream acceptance of high-priced raw materials. It is anticipated that the PC market will show a strong range tomorrow, with low-end material prices in East China expected to be between 11,500 and 12,100 yuan/ton, and mid-to-high-end materials negotiated around 14,500 to 22,500 yuan/ton, with adjustments in the range of 0 to 150 yuan/ton.