[PC Weekly Preview] PC Market Remains Under Pressure, Further Decline Likely

Focus Points:

Last week, international crude oil prices fell. ， ICE Brent crude oil futures September contract at $68.44, down $0.84 per barrel.

The price of raw material Bisphenol A in the East China market closed at 7,900 yuan/ton, up by 25 yuan/ton from the previous period.

3. The overall ex-factory performance of domestic PC plants remained stable, and the Zhejiang Petrochemical auction held steady on a month-on-month basis.

4. The spot price continues to maintain a bottoming and consolidation pattern. 。

Core logic: Raw material prices have rebounded slightly, but this has not yet provided cost support. The supply-demand imbalance persists, and the market continues to weaken.

3. Data Form

4. Market Outlook

Despite stable price operations by domestic PC factories last week, the market failed to receive a boost, and the spot market continues to show a downward consolidation trend. Looking ahead to this week, with maintenance units gradually restarting, the supply of domestic PC goods is steadily increasing. However, weak downstream consumption remains difficult to improve, and factories' rigid demand purchases are insufficient. The PC market continues to be under pressure, with a high likelihood of further declines. Attention should be paid to the latest pricing adjustments from major factories during the week.