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【PC Morning Market Update】Industry inventory needs to be digested; PC market consolidates after holding firm on prices.

Longzhong Apr 01 00:53

1. Focus:

MondayInternational Crude OilRise ， ICE Brent crude oil futures May contract73.63 up 1.47USD/barrel.

The price of raw material bisphenol A in East China's market remained stable at 8750 yuan/ton, unchanged from the previous period.

3. The latest ex-factory prices of some domestic PC factories remained stable or increased by 100-200 yuan/ton this week.

4. The spot market's focus narrowed slightly upward. 。

Core logic: Centralized maintenance of equipment boosts morale, market sentiment firms up after a sharp decline, downstream demand follows in moderation, and trading focus rebounds.

product	Category	March 31	March 28th	Rise and fall rate
Phenol	East China Market	7225	7225	0
Bisphenol A	East China Market	8750	8750	0
PC	Yuyao Domestic	12100-12550	12000-12500	0.83%/0.40%
1. The prices listed above are all ex-works prices in cash, and the unit is: RMB/ton. 2. The prices for the two periods are the spot prices of the two working days prior to this week. 3. The rate of increase or decrease is the month-on-month change rate. 4. PC Yuyao Domestic is the mainstream price range for all domestic brands in the East China Yuyao market.

3. Market Outlook

Driven by news, the domestic PC market attempted to raise prices this week, with a strong wait-and-see atmosphere. However, the overall fundamentals remain challenging, as industry inventories still need to be digested. After moderate price increases, industry participants continued to follow market trends for shipments, which remains the dominant approach. It is expected that the domestic PC market will experience narrow fluctuations after the price hikes in the short term, with attention on further market trading activities.

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【PC Morning Market Update】Industry inventory needs to be digested; PC market consolidates after holding firm on prices.

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