[PC Morning Briefing] Domestic PC Market Expected to Continue Consolidation

I. Focus:

On Tuesday, international crude oil fell. ， ICE Brent crude futures for December contract at $64.40, down $1.22 per barrel.

The price of raw material bisphenol A in the East China market was 7,425 yuan/ton, stable compared to the previous period.

This week's latest ex-factory prices for domestic PC plants remained stable overall, while the auction price at Zhejiang Petrochemical dropped by 200 yuan/ton.

The spot market is narrowly consolidating, and the trading atmosphere is quiet.

Core logic: Raw materials are consolidating at low levels, factories are jointly stabilizing prices, market transactions are sluggish, and the trend is narrowly consolidating.

Three, Market Outlook

In the short term, bisphenol A stabilized and consolidated this week, while there is no significant selling pressure from PC suppliers. Overall, they maintain a price-supporting strategy. However, downstream demand is slow in purchasing, making it difficult to invigorate market trading. The fundamentals lack volatility, and it is expected that the domestic PC market will continue its consolidation pattern in the near future. Attention should be paid to the further evolution of the market trend.