The “golden nine” officially opened, review the PC market in August, the market shocks have risen, the spot price of each brand up and down. As of August 31, the business community PC sample enterprises reference quotation at about 17183.33 yuan / ton, compared with the average price level at the beginning of the month, up or down +3.62%.

The upstream bisphenol A market in August rose, PC cost-end pressure all the way stronger. The tight supply of goods coupled with the increase in the number of overhaul units, the domestic supply of bisphenol A in August fell, the general complement of imported supplies, foreign prices up, businessmen try to high quotes. Domestic factories have repeatedly increased slightly to stimulate the market, and stockholders followed the upward trend. In addition, epoxy downstream factories and intermediate traders gradually increased their participation. With the factory’s increase to help, the downstream demand for real orders to enhance, is expected to continue to explore the bisphenol A run up.

Industry load, August domestic PC enterprise start rate narrowly elevated, roughly stable in between 60% and 70%. Industry inventory position still remains high, the supply-side pressure continues. The distal upstream international crude oil fell after the end of the month back up, PC distal support first weak and then strong. Downstream demand is still in the pattern of follow-up lag, the terminal enterprises by the power limit high temperature and other factors to limit the start rate, preparation confidence is not good, the field operation bias to buy on the low. Although the production enterprise profit is not good but forced to cost pressure gradually obvious and the production price to run, business side with the market, the actual transaction is more scattered small single.

With the “golden nine” peak season opened, the upstream bisphenol A market is expected to continue to rise, the cost side of the PC gradually pressure. Supply side of the field abundant supplies, high inventory, weak demand, buyers wait-and-see mentality is heavy. The current field of raw material pressure and supply and demand contradictions wrestle with each other, it is expected that in the short term PC spot prices may be blocked and stagnant finishing operation.

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