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    Home > Chemicals Industry > China Chemical > The PC market has little room to fall

    The PC market has little room to fall

    • Last Update: 2022-05-17
    • Source: Internet
    • Author: User
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    The price has dropped near the cost line

    The price has dropped near the cost line

    Entering April, the domestic polycarbonate (PC) market continued to decline


    Regarding the market outlook, Ge Linlin, an analyst at Jinlianchuang, analyzed that the rise in raw materials has eroded profit margins, and the sluggish demand has made it difficult for prices to rise, and the PC market is facing double-sided attacks


    Sufficient supply and fierce competition

    Sufficient supply and fierce competition

    Ge Linlin believes that the important reason for the slump in the PC market is the substantial expansion of the PC industry in the past two years


    According to statistics, China's PC self-sufficiency rate has risen from 39.


    At present, the operating rate of the PC industry is about 54%, and the installation load of production enterprises is low


    "Affected by the epidemic, PC manufacturers' inventories have increased, and the benefits of equipment maintenance are limited


    Increased costs and narrowed profits

    Costs increase Profits narrow Costs increase Profits narrow

    Since April, the PC raw material bisphenol A market has been running strongly


      According to Hua Xia, an analyst at Zhuochuang Chemical Industry, the cost of PC market has increased in the past two years


      Since April this year, the price of bisphenol A has contradicted the trend of the PC market, and the profit margin of PC has continued to narrow


      At present, the operating rate of the bisphenol A industry has not changed much.


      Huaxia said that from the perspective of the market outlook, the import or local circulation of bisphenol A is still limited


      sluggish demand

    Low demand, weak support, weak demand, weak support

      At present, due to the impact of the epidemic, the start-up of downstream terminal factories in East China and South China and the logistics and transportation are still limited to a certain extent


      Xiang Feifei, an analyst at Longzhong Information, said that from the perspective of demand, under the continuous influence of the epidemic, new orders for downstream terminal factories are limited, the operating rate has dropped, and factories in some areas have entered a state of shutdown


      In terms of terminal demand, automobile production and sales in March reached 2.


      From the perspective of the automobile supply side, the shortage of chips has not been significantly alleviated, and the price of raw materials for power batteries has risen rapidly, which has further pushed up the manufacturing costs of enterprises


      On the other hand, the other downstream modification and sheet metal industries remained stable, and the operating rate of injection molding and bucket industries increased


      "From the perspective of the market outlook, affected by rising costs and flat demand, PC prices will fluctuate around the cost line, with limited room for decline
    .
    " Xiang Feifei said
    .

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