[pc morning briefing] domestic pc market expected to continue stalemate and consolidation pattern

I. Focus:

1. International crude oil rose on Thursday. ， ICE Brent crude futures contract for December settled at $65.99, up $3.40 per barrel.

The price of bisphenol A in the East China market was 7,400 yuan/ton, a decrease of 50 yuan/ton compared to the previous period.

3. There are currently no updates on factory price adjustments for domestic PC manufacturers.

4. The price of domestic materials is consolidating at a low range.

Core logic: The industrial chain remains weak, downstream demand is slow to follow, but supply-side support is still present, keeping the market stable.

Three Market Outlook

At the end of the month, the Pingmei Shenma PC plant is about to enter a maintenance shutdown period. Additionally, one production line and the second phase of the Zhejiang Petrochemical PC plant are also approaching maintenance periods. The Lihuayi Weiyuan PC plant remains in a maintenance period, continuing the recent trend of limited domestic PC supply, which strongly supports prices. However, recent news of increased tariffs by the United States has had some impact on downstream consumer expectations, slowing down the procurement pace in the downstream market. Coupled with the weakness in the industrial chain upstream and downstream and related products, it is expected that the domestic PC market may continue to maintain a stalemate and consolidation pattern.