This week, the listing price of DMC for domestic single factories remained stable, and actual transactions were mainly based on negotiated pricing. Some companies have expanded their profit margins for core customers, and the current actual transaction price has fallen back to the range of 13850-13950 yuan/ton. Low inventory enterprises have a strong willingness to raise prices, but high priced goods lack transaction support, and the market presents a pattern of "clear stability and hidden decline". As of April 1st, the mainstream spot price for DMC is 14400-1490 yuan/ton, the mainstream spot price for raw rubber is 15500-15700 yuan/ton, the mainstream price for 107 rubber is 14800-15100 yuan/ton, the mainstream price for domestic silicone oil is 15800-16500 yuan/ton, and the mainstream price for imported silicone oil is 18500-19500 yuan/ton. 421 # metal silicon is reported at 11500-12100 yuan/ton, and chloromethane is reported at 2100-2250 yuan/ton.
Supply side: Enterprise inventory has been rising for two consecutive weeks, and some manufacturers have eased the pressure through price reductions and promotions; The industry's production reduction scale is gradually expanding, but the inventory digestion after the delivery of early orders is not as expected. Demand side: Downstream only maintains essential replenishment, with single purchase quantities mostly controlled within 1-3 days of use; The raw material reserve cycle of terminal product enterprises has been shortened to 5-7 days, a decrease of 30% compared to the previous month. Industry chain insiders say that in the short term, the market entered a critical stage of "rising prices vs. destocking" in April, with industry joint production cuts forming expectations of supply contraction, and demand recovery being weaker than seasonal patterns. If the weekly signing volume exceeds 100000 tons after offering discounts, there may be a tentative increase of 200-300 yuan/ton in the latter half of the year; If the transaction continues to be sluggish, it may trigger a second round of production cuts, with a magnitude of 10-15% of the current production capacity.
Sudden, violent explosion! Start a big fire! According to official media reports, the Malaysian government announced on April 1st that a gas pipeline explosion occurred in Selangor state, causing a major fire. As of now, the accident has resulted in 112 injuries, approximately 190 houses damaged, and over 140 cars destroyed, according to the Associated Press.