Why are you falling?


Even if the chemical grade metal silicon is recalled to the current lowest price of 40000 yuan / ton, for silicone monomer enterprises, based on the current price of raw metal silicon and the price of silicone products, the production cost of DMC is about 30000 yuan / ton, which is basically in the cost line. If the subsequent chemical grade metal silicon continues to be recalled, the silicone may be recalled, However, if the subsequent high price of chemical grade metal silicon is stable, the price of silicone is difficult to callback.


Chemical grade metallic silicon has always been in a tight balance. If the start-up in dry season in Yunnan and Sichuan has a great impact, the recent rise in metallurgical grade prices will also have a certain impact on the maintenance of high price of chemical grade. It is expected that the correction of chemical grade prices in the later stage will be limited and will be maintained at a high price.


There are signs of recovery in the silicone market recently, but according to the CCTV financial report, recently, the orders of Yiwu foreign trade enterprises have plummeted, and some commodities can not bear the high freight rates. Many overseas buyers have suspended their orders and delayed or refused to accept some low value commodity orders. In addition, affected by the epidemic, many international merchants are inconvenient to travel, and the passenger flow in the trade city is much lower than before, resulting in a significant decline in the order volume of many stores this year.


The recovery of the silicone market needs the support of downstream orders. If the downstream orders cannot be restored, it is difficult to ensure the consumption of silicone products. However, according to the current situation, the downstream orders are not optimistic.


Overall, the silicone market is mainly stable and small in the short term, and the possibility of sharp rise and fall is relatively small.


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Macro policy


The national development and Reform Commission hit a heavy "combined fist" on the evening of the 19th: To study the implementation of intervention measures on coal prices according to law; Organize and hold a symposium on ensuring supply and price stability of key coal, electricity, oil and gas transportation enterprises. Since the beginning of this year, the coal price has soared, and the power coal price at the beginning of the year


Macroeconomic situation


The National Bureau of statistics responded to the appearance of "stagflation": Fu Linghui, spokesman of the National Bureau of statistics and director of the Department of comprehensive statistics of the national economy, said that due to the impact of the epidemic and flood in the third quarter, the economic growth slowed down. At the same time, the import impact brought by the rise of international commodity prices and the tight supply of some domestic energy and raw material products, It also caused the increase of ex factory prices of industrial producers to expand, and it seems that there are some signs of stagflation. However, this situation is caused by short-term impact factors, which is a phased situation.


National Bureau of Statistics: consumer prices will continue to rise moderately.


National Bureau of Statistics: in October, the production of major energy products of industries above designated size increased year-on-year.


Bureau of Statistics: from January to October, the national investment in real estate development was 12493.4 billion yuan, a year-on-year increase of 7.2%; It is 14.0% higher than that from January to October 2019, with an average growth of 6.8% in the two years. Among them, the residential investment was 9432.7 billion yuan, an increase of 9.3%.


National Bureau of Statistics: in October, the output of new energy vehicles, integrated circuits and industrial robots increased by 127.9%, 22.2% and 10.6% respectively year-on-year.