[PC Weekly Preview] Domestic PC Market Expected to Experience Narrow Range Consolidation in Short Term

I. Focus:

Last week, international crude oil prices fell. ， ICE Brent crude futures for November contract fell by $2.62 to $65.50 per barrel.

2. The price of raw material bisphenol A in the East China market closed at 8,000 yuan/ton, up 275 yuan/ton from the previous period.

3. Domestic PC factory prices remained mostly stable, with individual adjustments of 100 yuan/ton.

4. Spot MarketMainly low-level stalemate.

Core logic: The increase in raw material prices is relatively large, leading to a continuous rise in PC costs. However, there is no favorable factor for supply and demand, limiting the cost transmission.

2. Data Form

3. Market Outlook               

Despite the continuous rise in raw material bisphenol A last week, the cost pressure on PC is increasing, and the market is in a strong wait-and-see atmosphere. There is some intention to maintain prices in certain areas, but recently there are no plans for production cuts or maintenance in PC facilities. Furthermore, with the restart of maintenance facilities, the supply side is increasing rather than decreasing. Meanwhile, there is no significant improvement in downstream demand. It is expected that the domestic PC market will run in a narrow range in the short term. Attention should be paid to further price adjustments by major PC manufacturers and changes in market sentiment. 。