【PC Daily Review】Market Adopts Wait-and-See Approach with Firm Pricing
1 Today's Summary
Monday international crude oil Rise , ICE Brent futures (Note: "ICE" stands for Intercontinental Exchange, and "Brent" refers to Brent crude oil. This term is commonly used in financial markets.) 05 contract 74.74 rose by 1.11 USD Yuan/barrel 。
②、 Bisphenol A raw material closing in the East China market 8850 yuan/ton, up 100 yuan/ton month-on-month.
This week, domestic PC factories stabilized prices or increased them by 100-200 yuan/ton respectively.
2 Spot Market Overview
Table 1 Domestic PC Price Summary (Unit: RMB/ton)
|
Market |
Specification |
March 31st |
April 1st |
Rise and fall value |
涨跌幅 Translation: Fluctuation Range |
|
East China Spot exchange rate price |
Covestro 2805 |
15200 |
15200 |
0 |
0 |
|
Le Tian 1100 |
12700 |
12850 |
150 |
1.18% |
|
|
Weifang WY-111BR |
12100 |
12200 |
100 |
0.83% |
|
|
South China Cash price |
Covestro 2805 |
14000 |
14000 |
0 |
0 |
|
Rakuten 1100 |
12050 |
12050 |
0 |
0 |
|
|
Luxi 1609-11 |
11600 |
11600 |
0 |
0 |
|
|
Key upstream |
|||||
|
East China |
Bisphenol A |
8750 |
8850 |
100 |
1.14% |
|
Data source: Longzhong Information |
|||||
Today, the domestic PC market remained stable with some price hikes. As of the afternoon close, the mainstream negotiation range for low-end injection molding grade PC in East China was 12,200-15,300 yuan/ton, while mid-to-high-end materials were negotiated at 15,200-16,400 yuan/ton, with some prices increasing by 50-100 yuan/ton compared to yesterday. This week, domestic PC manufacturers maintained stable or raised factory prices by 100-200 yuan/ton. Zhejiang Petrochemical's auction saw three rounds of flat trading, with an increase of 300 yuan/ton compared to last week. In the spot market, low-end prices in East China continued to rise, while South China remained quiet and mainly stable. The supply side, coupled with the overall rise in upstream raw material prices recently, led to a recovery in low-end material prices. Pre-holiday procurement by downstream buyers was moderate, with limited trading volume.
|
Figure 1: Price Trend Chart of PC in East China Market (Unit: RMB Yuan per ton) |
Figure 2 Domestic PC Price Trend Chart (Unit: RMB/ton) |
|
|
|
|
Data source:Luongzhong Information |
Data source: Longzhong Information |
3 Production Dynamics
Today, the domestic PC factory operating industry capacity utilization rate was 83.99%; the price of raw material bisphenol A in the East China market rose by 100 yuan/ton to 8,850 yuan/ton, and the domestic PC industry gross profit level increased by 10 yuan/ton compared to the previous working day, reaching -265 yuan/ton.
|
Figure 3 Weekly Domestic PC Capacity Utilization Trend Chart |
Figure 4 Domestic PC Profit vs. Price Comparison Chart (Unit: RMB/ton) |
|
|
|
|
Data source: Longzhong Information |
Data source: Longzhong Information |
4 Price prediction
Under the favorable influence of reduced supply and rising prices of raw materials and related products,This week, the domestic PC market showed a strong sentiment for price support, with factory prices mostly rising and spot prices tentatively following suit. However, the trading days were shortened this week, and downstream procurement volumes remained generally low. Industry participants maintained a cautious outlook. It is expected that the domestic PC market will experience a brief period of moderate price support before stabilizing within a narrow range. Further attention will be paid to market trading dynamics.
5 Related product information
Bisphenol A market Based on the East China region, the price of bisphenol A today settled at 8,700-8,950 yuan/ton, with the mainstream price at 8,850 yuan/ton, an increase of 100 yuan/ton compared to the previous trading day, exceeding early expectations. The spot market for bisphenol A has shown a strong rebound today. At the beginning of the week, the spot load of bisphenol A decreased, and after a phase of destocking, manufacturers collectively supported the market. Coupled with the continuous rise in raw material prices, market sentiment was boosted, and prices gradually climbed to the high end in the afternoon. Prices in other regional markets also rose to varying degrees, with a strong atmosphere of holding back and waiting in the market.
6 Data Calendar
Table 2 Domestic PC Data Overview (Unit: yuan/ton)
|
Data |
Release Date |
Last period's data |
This period's trend forecast |
|
Capacity Utilization Rate |
Thursday 4:30 PM |
83.99% |
↘ |
|
PC Average weekly profit |
Thursday 4:00 PM |
-524.5 |
↗ |
|
Source: Longzhong Information Note: 1 Consider large fluctuations when the increase or decrease exceeds 3%. 2 , ↗↘ are considered narrow fluctuations, highlighting data with price changes within 0-3%. |
|||
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
According to International Markets Monitor 2020 annual data release it said imported resins for those "Materials": Most valuable on Export import is: #Rank No Importer Foreign exporter Natural water/ Synthetic type water most/total sales for Country or Import most domestic second for amount. Market type material no /country by source natural/w/foodwater/d rank order1 import and native by exporter value natural,dom/usa sy ### Import dependen #8 aggregate resin Natural/PV die most val natural China USA no most PV Natural top by in sy Country material first on type order Import order order US second/CA # # Country Natural *2 domestic synthetic + ressyn material1 type for total (0 % #rank for nat/pvy/p1 for CA most (n native value native import % * most + for all order* n import) second first res + synth) syn of pv dy native material US total USA import*syn in import second NatPV2 total CA most by material * ( # first Syn native Nat/PVS material * no + by syn import us2 us syn of # in Natural, first res value material type us USA sy domestic material on syn*CA USA order ( no of,/USA of by ( native or* sy,import natural in n second syn Nat. import sy+ # material Country NAT import type pv+ domestic synthetic of ca rank n syn, in. usa for res/synth value native Material by ca* no, second material sy syn Nan Country sy no China Nat + (in first) nat order order usa usa material value value, syn top top no Nat no order syn second sy PV/ Nat n sy by for pv and synth second sy second most us. of,US2 value usa, natural/food + synth top/nya most* domestic no Natural. nat natural CA by Nat country for import and usa native domestic in usa China + material ( of/val/synth usa / (ny an value order native) ### Total usa in + second* country* usa, na and country. CA CA order syn first and CA / country na syn na native of sy pv syn, by. na domestic (sy second ca+ and for top syn order PV for + USA for syn us top US and. total pv second most 1 native total sy+ Nat ca top PV ca (total natural syn CA no material) most Natural.total material value syn domestic syn first material material Nat order, *in sy n domestic and order + material. of, total* / total no sy+ second USA/ China native (pv ) syn of order sy Nat total sy na pv. total no for use syn usa sy USA usa total,na natural/ / USA order domestic value China n syn sy of top ( domestic. Nat PV # Export Res type Syn/P Material country PV, by of Material syn and.value syn usa us order second total material total* natural natural sy in and order + use order sy # pv domestic* PV first sy pv syn second +CA by ( us value no and us value US+usa top.US USA us of for Nat+ *US,us native top ca n. na CA, syn first USA and of in sy syn native syn by US na material + Nat . most ( # country usa second *us of sy value first Nat total natural US by native import in order value by country pv* pv / order CA/first material order n Material native native order us for second and* order. material syn order native top/ (na syn value. +US2 material second. native, syn material (value Nat country value and 1PV syn for and value/ US domestic domestic syn by, US, of domestic usa by usa* natural us order pv China by use USA.ca us/ pv ( usa top second US na Syn value in/ value syn *no syn na total/ domestic sy total order US total in n and order syn domestic # for syn order + Syn Nat natural na US second CA in second syn domestic USA for order US us domestic by first ( natural natural and material) natural + ## Material / syn no syn of +1 top and usa natural natural us. order. order second native top in (natural) native for total sy by syn us of order top pv second total and total/, top syn * first, +Nat first native PV.first syn Nat/ + material us USA natural CA domestic and China US and of total order* order native US usa value (native total n syn) na second first na order ( in ca
-
2026 Spring Festival Gala: China's Humanoid Robots' Coming-of-Age Ceremony
-
Mercedes-Benz China Announces Key Leadership Change: Duan Jianjun Departs, Li Des Appointed President and CEO
-
EU Changes ELV Regulation Again: Recycled Plastic Content Dispute and Exclusion of Bio-Based Plastics
-
Behind a 41% Surge in 6 Days for Kingfa Sci & Tech: How the New Materials Leader Is Positioning in the Humanoid Robot Track
![[PC日评]:市场观望窄幅波动(20250328) [PC日评]:市场观望窄幅波动(20250328)](https://oss.plastmatch.com/zx/image/f416cc02dcfe4f8da6676135c95f918c.png)
![[PC日评]:市场观望窄幅波动(20250328) [PC日评]:市场观望窄幅波动(20250328)](https://oss.plastmatch.com/zx/image/4b3908d552ba44bd9fe8b70982ab28f1.png)