Yesterday, the silicone market finally stopped falling and rebounded. Except for individual monomer factories, DMC decreased by 1000 yuan / ton to 30000 yuan / ton, other mainstream manufacturers increased by about 1000 yuan / ton. At present, the mainstream quotation of DMC is 32000-32500 yuan / ton. In addition, the quotation of yesterday's 421# chemical grade metal silicon has not fluctuated yet, which is also good for the price support of monomer factories. At present, the market is still cautious, but the just needed goods preparation has been gradually carried out. In the short term, it will relatively enter a stable period, with local small fluctuations.


From the perspective of the silicone industry chain, the performance of the rebound high-temperature rubber market is relatively optimistic. After the stimulation of profit transfer over the weekend, the orders of raw rubber factories have increased significantly, and the transaction has entered an active period. As a result, after the opening yesterday, the offer has increased strongly, the price has increased by 1000-2000 yuan / ton, and the mainstream quotation in the raw rubber market is 34000 yuan / ton. In the short term, the inventory pressure of most raw rubber factories has slowed down, The negotiation space is reduced.


Affected by the strong cost support, the upside down phenomenon in the rubber mix market has obviously disappeared, and the price has returned to normal. At present, the mainstream quotation in the rubber mix market is 28000-29000 yuan / ton, a small increase of about 1000 yuan / ton. In the atmosphere of buying up rather than buying down, most rubber compound manufacturers make up an appropriate amount of raw rubber.


Demand: from the situation of rubber compound shipment yesterday, the bearish mood of silicon products enterprises has subsided, and the demand is expected to be better. Although there is still a wait-and-see mood, there are still more small batch replenishments by manufacturers, and the overall transaction atmosphere of the rubber compound market is significantly better than that in the early stage. With the recent sharp drop in prices, the profits of silicon products factory have recovered, and the orders are still expected to gradually increase. At present, the trading of raw rubber and mixed rubber market has increased significantly, and the wait-and-see mood in silicone oil and 107 rubber market is heavy. Whether the monomer factory can stop the decline and rebound smoothly will be a major factor driven by the demand for high-temperature rubber.


In short, after continuous sharp declines, the silicone market has gradually become rational. At present, this wave of pessimism has been greatly released. As the decline has just stopped and rebounded this week, there are still large differences between bullish and bearish, and both ends of supply and demand are still looking for a balance stage. In the short term, in order to boost market confidence, monomer plants are mainly exploring the rise steadily, In the follow-up, we still need to pay close attention to the trend of metal silicon and the recovery of downstream terminal orders.