I. Focus Points:

1. Last week, the international crude oil focus rose, ICE Brent futures May contract 72.16 increased by 1.58 USD/barrel.

2, the price of raw material bisphenol A in East China closed at 9050 yuan/ton, a decrease of 225 yuan/ton from the previous period.

3, domestic PC factory prices remained stable or decreased by 200-300 yuan/ton, Zhejiang Petrochemical auction prices fell by 200 yuan/ton.

4, Insufficient trading volume, spot prices continue to break through and decline.

Core logic: The supply side is hard to support, spot digestion remains slow, the market continues to be under pressure and decline, and there is little expectation of a short-term trend reversal.

Three, data form

Market Outlook

Despite the shutdown of individual PC factory production lines domestically, the impact on the supply side is limited. The overall domestic supply remains at a high level, and the market sentiment is cautiously pessimistic. Inventory holders are still primarily focused on actively selling, but there is insufficient downstream rigid demand, making it difficult for market transactions to significantly increase. It is expected that the short-term trend will remain weak and volatile. Attention should be paid to further price adjustment movements from domestic PC factories this week.