[pc daily review] market continues to rise

1 Today's Summary

Last Friday International Crude Oil Rise ， ICE Brent Crude Futures November contract at $70.13, up $0.71 per barrel.

②、 The closing price of bisphenol A in the East China market is 7,850. Yuan/ton, unchanged from the previous month.

This week, the ex-factory price of domestic PC is stable or increased by 100 yuan/ton.

2 Spot Overview

Table 1 Domestic PC Price Summary (Unit: Yuan/Ton)

Today, the domestic PC market continued to rise. By the afternoon close, mainstream negotiations for low-end injection molding grade materials in East China were referenced at 10,250-13,400 yuan/ton, while mid-to-high-end materials were negotiated at 14,000-14,800 yuan/ton. The domestic focus increased by about 100 yuan/ton compared to yesterday. In the last two trading days before the holiday, domestic PC factories continued to maintain price operations, with some factory prices stable or adjusted upwards by 100 yuan/ton. In terms of the spot market, the favorable supply expectations continue to support market sentiment, with the domestic focus rising compared to yesterday. Downstream pre-holiday procurement and stocking are nearing completion, with limited actual transactions, and industry players are mostly paying attention to further market developments after the holiday.

3 Production Dynamics

Today, the capacity utilization rate of domestic PC factories is at 81.27%; the market price of raw material bisphenol A in East China remains stable at 7,850 yuan/ton, and the gross profit level of the domestic PC industry has increased by 100 yuan/ton compared to the previous working day, to -365 yuan/ton.

Figure 3: Domestic PC Weekly Capacity Utilization Rate Trend Chart	Figure 4 Domestic PC Profit and Price Comparison Chart (Unit: Yuan/Ton)
Data Source: Longzhong Information	Data source: Longzhong Information

4 Price prediction

The expectation of favorable supply in the future continues to boost market sentiment, with domestic PC spot prices generally continuing to rise. The market atmosphere is cautiously moderate. Tomorrow is the last trading day before the double holiday, with no significant fluctuations in the fundamentals. It is expected that the domestic PC market will continue to observe a firm price trend, focusing on changes in market sentiment and the downstream response to high-priced PCs.

5. Related Product Information

BPA Market: Based on the East China region, today's East China BPA is priced at 7,850 yuan/ton, within the range of 7,800-7,900 yuan/ton, stable compared to the previous trading day, in line with morning expectations. The East China market operated steadily today, with downstream restocking largely completed before the holiday, resulting in sluggish inquiries. Holders are not very active in manipulation, mainly following the market trend, and there are few signs of trading in the market.

6 Data Calendar

Table 2: Overview of Domestic PC Data (Unit: Yuan/Ton)