[PC Morning Brief] Multiple negative factors intertwine, PC market may continue to probe and consolidate at the bottom

I. Focus Points:

1. On Wednesday, international crude oil prices rose, with the ICE Brent crude futures May contract up by $0.22 per barrel to $70.78.

2, the price of raw material bisphenol A in East China closed at 9150 yuan/ton, a decrease of 50 yuan/ton from the previous period.

3, there are no latest factory price adjustment dynamics from domestic PC factories, and the overall price is stable.

4, Spot trading remains sluggish, and the short-term market continues to face pressure.

Core logic: Raw materials continue to decline, market transactions remain difficult to boost, supply and demand pressures persist, and the market trend remains weak and consolidating.

Three,market outlook

Currently, domestic PC supply remains high while downstream rigid demand is insufficient, leading to a continuous intensification of the imbalance between production and sales in the industry. Additionally, the continuous decline in raw material bisphenol A makes it difficult for the PC cost end to find support. With multiple negative factors intertwining, it is hard to expect a bottoming out and rebound of the market situation; in the short term, the domestic PC market may continue to follow a pattern of probing for a bottom and consolidation.