Home    Company News    Market shock! DMC drops another 500! Set a new historical low! Raw rubber has fallen below 14000!

Market shock! DMC drops another 500! Set a new historical low! Raw rubber has fallen below 14000!

Hits: 131 img

Continuously weakening! DMC drops another 500! Entering Wednesday, the organic silicon market continued to fluctuate at a low level. Despite a series of unfavorable discounts and orders, some individual factories in Shandong have lowered their prices by another 500 yuan. DMC's open market quotation is 12500 yuan/ton, hitting a new historical low! Just to stimulate downstream entry at a low level, this move undoubtedly deepens downstream bearish sentiment, and individual factories are also ruthless, directly tearing apart. Currently, downstream volume is king, there is no minimum, only lower. As far as we know, the actual transaction price of DMC yesterday has fallen to 12300-12800 yuan/ton. Under this rapid downward trend, some downstream companies are still pushing prices to the limit with quantity, approaching the 12000 mark. Most individual factories are facing a loss red line, and it is expected that some individual factories may be forced to stop and reduce losses. Therefore, the room for downward adjustment is also very limited. Some downstream large companies are actively negotiating and waiting for opportunities to layout at a low price. The bottom buying sentiment is eager to try. In the next two days, we need to closely monitor the stocking pace of downstream large companies. Once inventory is transferred upstream, oversold rebound will follow, and for those in urgent need, we cannot be overly bearish. Currently, we can prepare for a small wave first, and if it falls again, we can prepare again. In fact, stocking up is like trading stocks. Never expect to buy at the lowest point, nor should you fantasize about selling at the highest point. You can only make a decision within a relative price range.

Recommend

    Online QQ Service, Click here

    QQ Service

    What's App