Asian PC demand is weak and prices fall
Although producers are planning to increase prices to increase profits, Asian polycarbonate (PC) prices are expected to fall due to weak demand for derivatives in the Chinese market. At present, the general injection molding grade PC spot price stagnates at 3250-3350 US dollars / ton (CIF, Hong Kong, China), optical grade PC prices in the 3050-3150 US dollars / ton (CIF, Hong Kong, China). The spread of bisphenol A and PC has narrowed to 600-800 US dollars / ton.
Due to credit tightening and reduced orders for finished products, the demand for downstream industries in China is limited. In addition, due to the rising prices of raw materials of bisphenol A, and the market is expected to supply tight, after the Great March in Japan on March 11, raw material prices firm, since mid-February, the spot PC prices have increased by 150 to 200 US dollars / ton.
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