BASF. Dow. Japan's Denka Issued A Letter of Price Increase. The PC Market Situation Was Mild Last Week, And The Offer Trended Higher, Showing A Positive Atmosphere

BASF. Dow. Japan Denka issued a letter of price increase

BASF: Starting from April 1, the prices of polyoxymethylene resin (POM) and composite resins in the Asia-Pacific region have been raised to US$350/ton without tax (approximately RMB 2,500/ton including tax).

Dow: Increase the price of 15 types of special resin products including EVA, MMA, copolymer alloys, copolymers, polymer modifiers, polyolefin elastomers, etc. in the Asia-Pacific region by $300/ton (about 1893 CNY/ton) Ton).

Denka Co., Ltd. of Japan: Starting from March 10, the price of ABS resin, PC/ABS alloy, DenkaIP, transparent resin and other products will be increased by more than 20 yen/kg (about 1093 CNY/ton).

Market overview

Last week, the domestic PC market sentiment quickly became hot with the positive news, and the market sentiment was obviously driven in the second half of the week. There are many market news, geopolitical factors have pushed oil prices to a 10-year high, some PC and bisphenol A plants are planning to stop and decline, and the market sentiment is gradually building. go higher. In terms of domestic factory prices, this week was stable and small. Some prices were lowered at the beginning of the week and then increased rapidly with the mild turn of the atmosphere. However, under the positive atmosphere, the market's real orders followed up slightly slowly, and the market gradually digested the optimistic situation.

As of Thursday's close, the mid-to-low-end PC market in East China is at 21,400-22,000 CNY/ton, up 0-100 CNY/ton from last week, or 0%-0.5%; the mid-to-high-end market is at 22,000-24,000 CNY/ton , which was stable from last week.