[pc morning brief] spot market prices expected to weaken and fluctuate
1. Focus:
On Thursday, international crude oil fell. ， ICE Brent crude futures for November contract fell $0.51 to $67.44 per barrel.
The market price of raw material bisphenol A in East China is 8,150 yuan/ton, a decrease of 50 yuan/ton compared to the previous period.
3. Domestic PC factories currently have no updates on new factory price adjustments.
4. Spot MarketMainly focus on stable sorting operations.
Core logic: Raw material prices are retreating from high levels, supply and demand contradictions are intense, spot trading remains sluggish, and market sentiment is under pressure.
|
Product |
Category |
September 18 |
September 17 |
Rate of Change |
|
Phenol |
East China Market |
6975 |
6965 |
0.14% |
|
Bisphenol A |
East China Market |
8150 |
8200 |
-0.61% |
|
PC |
Yuyao Domestic |
10000-11250 |
10000-11200 |
0 / 0.45% |
|
1. The prices for the above varieties are all cash self-pickup prices, and the unit is: RMB/ton. 4. The PC Yuyao domestic price range represents all mainstream domestic brands in the East China Yuyao market. |
||||
Three, Market Outlook
Domestic PC manufacturers currently have no plans to reduce production or supply. The industry's capacity utilization rate is expected to further increase, with a high level of domestic supply. As the National Day and Mid-Autumn Festival holidays approach, downstream PC factories have a lukewarm willingness to stock up, continuing their procurement based on immediate needs. The difficulty in increasing spot trading volume remains high. Additionally, next week, BPA supply will recover to some extent, which might lead to market prices fluctuating downwards, thereby weakening the cost support for PC. In summary, the positive factors for domestic PC next week are diminishing, while the pressure from negative factors remains. It is expected that the spot market prices may weaken and fluctuate.
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