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The Domestic PC Market Remains Weak

ECHEMI 2022-08-24

The domestic PC market remains weak. The latest ex-factory prices of domestic PC factories have been released one after another, with a reduction ranging from 200-700 CNY/ton. Only a few domestic factories' offers remained stable. The bidding price of Zhejiang PC factories ended in 4 rounds, down 700 CNY/ton from last week. It is expected that the negotiation atmosphere of the outer market is light; in the market, the recent pressure on the imbalance between supply and demand, coupled with the continued reduction of ex-factory prices by major factories, further suppressed the mentality of the industry, and actively followed the shipment. . It is expected that the domestic PC market will be further under pressure in the near future, and the price of Covestro 2805 in South China is 15,550 CNY/ton. (tax not included)

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