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【PC Morning Reminder】Market sentiment remains cautious, expecting a narrow range consolidation for PCs.

Longzhong 2025-04-02 08:13:03

Focus:

1. Tuesday, international crude oil prices fell ， ICE Brent Crude Oil Futures 05 Contract 74.49 down 0.28 USD/barrel.

The market price of raw material bisphenol A in East China is 8,850 yuan/ton, an increase of 100 yuan/ton compared to the previous period.

3. The domestic PC plant's ex-factory prices remained stable or increased by 100-200 yuan/ton this week, with Zhejiang Petrochemical auction price up by 300 yuan/ton.

4. Local centers of gravity continue to rise. 。

The core logic is that the rise in supply chain costs, coupled with certain support from the supply side in April, results in the domestic PC market bottoming out and firming prices.

Product	Category	April 1st	March 31st	Rise and fall rate
Phenol	East China Market	7300	7225	1.04%
Bisphenol A	East China Market	8850	8750	1.14%
PC	Yuyao domestic	12200-12550	12100-12550	0.83%/ 0
1. The prices of the above varieties are all cash spot pickup prices, with the unit being: yuan/ton. The two prices for the two periods are the point prices from the last two working days before this week. The translation result is: 3. The涨跌率 (fluctuation rate) is the ring-wise change rate. Note: There seems to be a typographical error in the original Chinese text as "环比" is typically translated as "sequential" or "period-on-period" rather than "ring-wise." Therefore, a more accurate translation would be: 3. The fluctuation rate is the period-on-period change rate. 4. PC Yuyao domestic refers to the mainstream price range of all domestic brands in the East China Yuyao market.

Three, Market Outlook

Supported by favorable news, the domestic PC market in China has seen a strong sentiment this week, with factory prices mostly increasing and spot prices also following suit. However, due to the shortened trading days during the Qingming holiday, and with limited purchasing from downstream buyers, industry inventories remain to be consumed. Market participants still maintain a cautious attitude, and it is expected that the domestic PC market will stabilize after a moderate price increase in the short term.

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【PC Morning Reminder】Market sentiment remains cautious, expecting a narrow range consolidation for PCs.

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