Bisphenol A Continues to Rise, and PC Cost Pressure Increases

Market overview

With the continuous rise of the raw material bisphenol A, the price scissors gap with PC has narrowed to less than 2,500 CNY/ton, and the industry is facing huge cost pressure; but in terms of the current supply and demand situation, most manufacturers' installations have maintained relatively stable operation, and the domestic supply of goods has been stable. The spot supply of imported materials is also relatively normal, but the downstream demand has been difficult to recover recently, and the contradiction between supply and demand has been intensifying, which is the key factor restricting the PC market. Under the continuous game of cost pressure and contradiction between supply and demand, it is expected that the domestic PC market will maintain a weak and volatile pattern in the near future. The price of Covestro 2805 in South China is 15,550 CNY/ton. (tax not included)