Over the past decade, the Asian polycarbonate (PC) market has fallen to an all-time low. During the Sino-US trade war, it may continue to be hit by a large supply situation, and the situation of adequate supply may continue.
由于供应过剩，PC现货价格延续了下跌趋势，而需求却在下降，尤其是在关键的中国市场的进口需求。数据显示，6月份市场讨论度下降，通用成型级PC在中国的平均出货量为2000美元/吨CIF(成本、保险和运费)。
Due to oversupply, PC spot prices continue to decline, while demand is declining, especially in key Chinese markets. Data show that market discussion declined in June, with the average shipment of GM PC in China being $2,000 per ton CIF (cost, insurance and freight).
该级别的现货价格比前一周下降了50美元/吨，较上个月的水平下降了约9%，价格处于近十年来的历史最低点。数据显示，以到岸价计算，GP成型级PC的价格上一次维持在每吨2000美元的水平是在2009年4月。
Spot prices at this level have fallen by $50 per ton from the previous week, about 9 per cent from last month’s level, and are at their lowest level in nearly a decade. Data show that the price of GP-grade PC was last maintained at the level of $2000 per ton in CIF terms in April 2009.
| PVA 0599 (PVA BF05) |
In the oversupply market, PC prices in Asia are seen as close to bottoming.
“China’s warehouses are full of PC stocks,” said a Northeast Asian market person. While import demand is weak, the RMB depreciates against the US dollar, making imported materials inexpensive.
This pessimism is further exacerbated by the ongoing Sino-US trade war. With end users becoming cautious about their commitment to PC resin imports, the trade war has left the market uncertain.
While PC prices are spiraling down, the price of polymethyl methacrylate (PMMA) in China is also falling in the face of sluggish demand. Traditionally, PC is a more expensive engineering plastic that can compete with PMMA in some applications.
| PVA |
As of May 23, the price of GP-grade PMMA in China was $2150 per ton CFR, down $100 from last month.
PC is widely used in automobile industry and residential industry. It is used to manufacture household appliances, household appliances and some building materials.
| POLYVINYL ALCOHOL |