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A Trade War Between China And The United States Could Affect PC Prices.

Zhangjiagang Sansu Machine Co.,Ltd | Updated: Apr 16, 2018

Recently, the market price of polycarbonate (PC) has remained high.

In Asia, the price of polycarbonate is now between $3,800 and $3,900.

The price is about 5% higher than February.

The shortage of PC inventory will continue due to the failure of production equipment in North America and delays in new projects in China.

So prices are likely to rise further.

Since the demand for bisphenol A is not expected to change significantly, the price of bisphenol A is not expected to rise in the future.

China has retaliated against U.S. chemical imports because of the growing trade war between China and the United States.

This makes the American PC material also within the us customs compensation range.

In addition to the emergence of new materials, there will be no major changes in PC demand in the short term.

Sino-us trade friction, China 44 items of chemical products to the United States imposed a tariff, including liquefied propane, polyethylene, acrylonitrile, lubricants, epoxy resin, polyethylene terephthalate foil oxalic ester plate membrane flat bar, polyamide 6, 6 slice, etc.

The polycarbonate is also on the list.

Chemicals are one of the most representative exports of the United States. In 2017, U.S. exports to China account for 10% of total U.S. exports, and if they include plastic products, the proportion is up to 14%.

U.S. sales of chemicals and plastics to China totaled $21.5 billion in 2017, far surpassing the $19.5 billion in agricultural exports over the same period.

China's shipments to the United States account for only about 3% of the total.

According to data from 2016, the global demand for polycarbonate is growing by 4-5% a year, while the growth rate of the supply side is only about 2.9% in the next five years, which is not enough to meet the demand in the short term.

The Asian market is very huge, polycarbonate, in recent years, with the rise of the middle class in China, as well as the automotive, construction and other business brought by the outbreak of the huge demand for advanced materials, and polycarbonate is one of them, polycarbonate used in electrical products, automotive manufacturing proportion in 40% ~ 50%, and China in the field of using proportion accounted for only 10%, electrical and automobile manufacturing industry is China's pillar industries, the rapid development of the future demand of polycarbonate of these areas will be enormous.

China has a large number of cars and large demand, so the application of polycarbonate in this area is extremely promising.