Another 200 drops! At present, some individual factories in Shandong have fallen by 600 yuan, and the DMC quotation is 10800 yuan/ton, further approaching the 10000 yuan mark! Looking at it now, most individual factories are in the competition for price reduction, and a few individual factories in Shandong have once again lowered their prices. This is not only another low price stimulus for downstream companies that are still watching, but also another bidding signal for other peer companies. Other individual factories are expected to follow the downward trend, but under the suppression of profit margins, only a small drop in bidding will occur. In terms of demand, under the situation of supply-demand imbalance, downstream enterprises are unable to take orders and are unlikely to have hoarding sentiment. Currently, stimulated by low prices, they are only making conventional bargain hunting layouts. Overall, there is a significant downward trend in the upstream market, and it is expected that some mid to downstream enterprises may start a phase of low-priced stocking. The stalemate between upstream and downstream has eased, but currently the cost of industrial silicon prices has stabilized, and the improvement of low-priced orders may also give individual factories the confidence to stabilize prices. In the future, individual factories may continue to operate steadily after a small drop, and it is expected that the DMC market will continue to operate steadily with a small decline this week.
Raw rubber market: Currently, raw rubber enterprises are following the continuous weakness of raw material DMC, with mainstream prices ranging from 12500-13000 yuan/ton, and the bidding horn is once again sounded on the battlefield. From the supply side perspective, due to the remaining orders in the early stage and the large price difference with DMC, the operating rate of the rubber production unit in the individual factory continues to increase, and the supply pressure increases. The subsequent production capacity layout may change according to the order situation. In terms of demand, downstream mixed rubber compounds are hesitant to buy easily due to the continuous decline in DMC, and even the basic stock quantity of 3 cars is temporarily suppressed, with a high sentiment of waiting for the decline. In the short term, although the price of raw rubber enterprises remains stable, with the pre-sale order gradually coming to an end, under the dual pressure of cost and demand, it is expected that the probability of raw rubber falling below 12000 is relatively high. In the short term, it is difficult for the market to find a balance anchor point. If there is no innovative competition point for products, companies can only continue to fall into meaningless bidding quagmires. In short, the raw rubber market is still in a slump and is expected to continue its weak operation this week.
Raw rubber market: Currently, raw rubber enterprises are following the continuous weakness of raw material DMC, with mainstream prices ranging from 12500-13000 yuan/ton, and the bidding horn is once again sounded on the battlefield. From the supply side perspective, due to the remaining orders in the early stage and the large price difference with DMC, the operating rate of the rubber production unit in the individual factory continues to increase, and the supply pressure increases. The subsequent production capacity layout may change according to the order situation. In terms of demand, downstream mixed rubber compounds are hesitant to buy easily due to the continuous decline in DMC, and even the basic stock quantity of 3 cars is temporarily suppressed, with a high sentiment of waiting for the decline. In the short term, although the price of raw rubber enterprises remains stable, with the pre-sale order gradually coming to an end, under the dual pressure of cost and demand, it is expected that the probability of raw rubber falling below 12000 is relatively high. In the short term, it is difficult for the market to find a balance anchor point. If there is no innovative competition point for products, companies can only continue to fall into meaningless bidding quagmires. In short, the raw rubber market is still in a slump and is expected to continue its weak operation this week.