Price trend
| Gamma Polyglutamic acid Gamma PGA |
According to the data of the bulk list of the business community, the PC market fell this week, and the spot prices of various brands decreased. As of June 16, the reference offer of PC sample enterprises of business club was about 20183.33 yuan / ton, up or down -3.43% compared with the average price at the beginning of the month.
Cause analysis
Industrial chain: in the upstream, the domestic bisphenol a market continued to be weak this week, and the price continued to fall. The current sluggish terminal demand is the main negative factor in the market. With the increase of inventory, the pressure on the goods holders and factories accumulates, and the shipment is slow. At present, the cost side is acceptable, the goods holders follow the market, and the business community expects a short-term weak adjustment.
| Gamma Polyglutamic Acid |
The upstream bisphenol a market weakened, and the PC cost side support was cut. In terms of industry load, the domestic PC enterprises’ load was sideways this week. In the early stage, the supply side was pressured due to the resumption of some units in western Shandong, which was difficult to support the price. At present, the main benefit in the market is that the international crude oil in the far upstream also fell due to the influence of the Federal Reserve in the second half of the week. The downstream demand is weak, the operating rate of terminal enterprises is limited due to various factors, and the goods taking situation is poor. The impact of domestic health incidents on some parts of East China is gradually decreasing, but some transportation recovery is still slow. The venue has gradually entered the off-season pattern, with small orders taking the lead, buyers’ mentality of buying up but not buying down spreading, merchants’ confidence is not strong, and offer to make profits on the market.
Aftermarket forecast
According to the business analysts, the domestic PC market fell this week, the upstream bisphenol a market weakened, and the cost side’s support effect on PC weakened. On the supply side, there is abundant supply of goods on the floor, on the demand side, spot trading is relatively light, and the actual trading volume on the floor is insufficient. It is expected that the spot price may continue to be weak in the short term.
| http://www.gammapolyglutamicacid.com |