Yesterday, when the terminal demand warmed up, some DMC monomer factories also began to callback the quotation, with a small increase of 500 yuan / ton, and the current quotation is 30500 yuan / ton. The offer of other monomer factories operated stably, the overall silicone market showed an upward trend, and the cost support for silicone oil and 107 rubber market changed from weak to strong. Boosted by the favorable cost side, 107 rubber market has ushered in a slight rebound. At present, the mainstream quotation of 107 rubber market is 32500-33000 yuan / ton, an increase of 1000-1500 yuan / ton; The mainstream quotation of silicone oil market is 38000-42000 yuan / ton.


From the supply side, there is little change in the supply of silicone oil and 107 rubber market, and the inventory pressure remains. With the stabilization of DMC price, the replenishment of silicone oil and 107 rubber just needs to be carried out gradually, and the low-price competition also subsides obviously. For imported materials, due to the planned shutdown and maintenance of Zhangjiagang plant in December, although the high price transaction is low recently, the profit margin of the agent is not large. The delivery of cracking material silicone oil and 107 glue is general, and the shipment with export orders is relatively smooth. On the whole, the cost side stabilized, and the mentality of silicone oil and 107 rubber enterprises was boosted. However, they did not dare to prepare more goods, focusing on light warehouse operation!


From the demand side, the recent construction market fluctuated greatly. In addition, with the continuous tightening of the regulation policies of the real estate market and the continuous thunderstorms in the real estate industry, many projects were forced to shut down, and the bad mood extended to the downstream silicone glue market. Therefore, in the face of the rebound of silicone oil and 107 glue market, the performance of the downstream silicone glue market is still flat, and the procurement enthusiasm is lower than that of the high-temperature glue market, but the wait-and-see mood has changed slightly, and the manufacturers have changed from cautious procurement to just need to prepare goods. Therefore, it is expected that under the restraint of flat terminal demand, the rebound of silicone oil and 107 glue market will not be very strong, and the market offer may be dominated by small consolidation.


On the evening of November 10, Sibao technology announced that the company would set up a wholly-owned subsidiary Sibao Technology (Meishan) New Energy Technology Co., Ltd. (hereinafter referred to as "new project company") in Sichuan Pengshan Economic Development Zone to build a 10000 t / a silicon carbon cathode material for lithium battery, a 40000 t / a special adhesive production base and a lithium battery material R & D center. The total investment of the project is planned to be 560 million yuan, including 460 million yuan in fixed assets.


According to the announcement, the company held the board of directors and the board of supervisors on November 10, deliberated and approved the proposal on the signing of industrial project investment agreement with the Management Committee of Sichuan Pengshan economic development zone and the establishment of a wholly-owned subsidiary to build a 50000 T / a silicon carbon cathode material and special adhesive for lithium battery, and agreed to the investment agreement between the company and the Management Committee of Sichuan Pengshan economic development zone "50000 T / a lithium battery silicon carbon cathode material and special adhesive project" signed the industrial project investment agreement.


Sibao technology said that the company's investment in the new project of 10000 t / a silicon carbon cathode material for lithium battery, 40000 t / a special adhesive production base and lithium battery material R & D center can broaden the company's new energy business sector. The company will implement it in phases according to the strategic development plan and the actual situation. The implementation of the project will create new performance growth points for the company and help the company develop continuously and rapidly Exhibition.