Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the bulk list data of business society, the PC market continued to decline last week, and the spot prices of various brands continued to decline. As of July 11, the reference offer of PC sample enterprises of business club was about 16400 yuan / ton, up or down -7.34% compared with the average price at the beginning of the month.
Cause analysis
Industrial chain: on the upstream side, the bisphenol a market fell below the new low in two years last week, and there was little demand on the floor. The industry chain is difficult to be positive, the terminal support is difficult, and the demand is weak. The industry’s profit performance is poor, coupled with the decline of international crude oil and phenol ketones, the upstream of the far and near end continues to decline, and the external market environment is in a depressed state. The business community expects a short-term weak adjustment.
| povidone Iodine |
Last week, the upstream bisphenol a market continued to decline, falling below the 12000 yuan / ton mark, seriously weakening the PC cost side support. In terms of industrial load, the operating rate of domestic PC enterprises has continued to rise recently, and the load of some production lines has increased after maintenance. Industry inventory is high, and the pressure on PC supply side is even worse. The international crude oil in the far upstream also fell sharply due to the influence of the Federal Reserve and other reasons. The downstream demand is weak, and the operating rate of terminal enterprises is limited by many factors, resulting in poor delivery. Although the floor has entered the trading mode of price for volume, it is currently in the off-season, with cold market transactions and lack of bottom support. Buyers’ mentality of buying up rather than buying down spread, businesses’ confidence was not strong, and the offer made a substantial profit.
Aftermarket forecast
Business analysts believe that: last week, the domestic PC market continued to fall, the upstream bisphenol a market fell deeply, and the cost side weakened the effect of PC support. In terms of supply, there are abundant goods on site, high inventory and light demand. It is expected that the spot price may continue to be weak in the short term.
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