According to the data monitored by SunSirs, as of March 12, the comprehensive price of PC market was 26,166.67 RMB/ ton. Last week, the negotiation atmosphere of PC market was weak, and the price dropped slightly. Compared with the same period of the previous week, the price dropped 0.38%. At present, the PC market is fluctuating, the upstream runs smoothly, the cost is still supported, the downstream just needs to purchase, and the shipment is slow.
Last week, the domestic PC market fell slightly. At present, the negotiation atmosphere is cold, the shipment is slow, and the inventory continues to be high. In the short term, the inventory is mainly digested and sorted out. According to the data of SunSirs, the PC price rose from 19,833.33 RMB/ ton to 25,800.00 RMB/ ton all the way after the Spring Festival, with an increase of 30.08%, reaching the highest price level in the past two years. The downstream is operating under pressure, and the transaction atmosphere is cautious, which leads to the decline. As a result, PC Inventory remained high and difficult to digest. In the short term, PC market adjusted in a narrow range.
Rubber and plastic index: on March 11, the rubber and plastic index was 826 points, which was the same as the previous day, decreased by 22.08% compared with 1,060 points (March 14, 2012), the highest point in the cycle, and increased by 56.44% compared with 528 points, the lowest point on April 6, 2020. (Note: period refers to the period from December 1, 2011 to now)
SunSirs PC analysts of business news agency believe that: due to the excessive increase of PC after the Spring festival and the high price, it brings cost pressure to the downstream, the transaction atmosphere is weak, and the shipment is slow. In the short term, China PC market mainly focuses on inventory removal and narrow consolidation stage.
