Taihua PC, PC/ABS price increase! Under-utilization, thin trading, weak PC market finishing

The notice stated that due to the dual control of energy consumption, the phenomenon of limited electricity and shutdowns in many areas has led to a shortage of phosphorus flame retardants used in flame-retardant PC and PC/ABS and a substantial increase in prices. Therefore, to ensure The production is normal and the supply is timely. We will increase the price of some flame-retardant specifications when we have to. The adjusted price range varies from 100-300 US dollars/ton (approximately 638-1915 CNY/ton) depending on the specifications. The notice will take effect on November 1, 2021.

Market overview

Influencing factors

The industry started low and the factory price remained stable; in the market, the current supply of circulating goods is still small, but the transaction situation has not improved, and the resistance to shipments is still large. In addition, due to the downward trend of raw materials, the industry is cautious and wait-and-see. Mainly goods; downstream manufacturers just need to follow up, and firm transactions are scarce. It is heard that the external quotations of individual imports are expected to remain stable in November compared with this month, and the intention of the industry to counter-offers is low. No transaction has been heard for the time being.

Market outlook forecast

It is expected that the short-term weakness in the PC market will have limited room for fluctuations, and attention will be paid to the further trend of the raw material market and the operating dynamics of PC devices.