Entering Wednesday, the silicone market is currently maintaining stable operation. From the perspective of the market, due to the continued off-season of terminal consumption, the stocking mentality of middle and downstream enterprises is still cautious. Although many enterprises actively replenish their warehouses in the early stage driven by the rise in raw material prices, as the macro boost fades and demand does not see a substantial improvement, the buying atmosphere in the market continues to cool down. The cold reception of orders may further indicate a phenomenon of giving up in the market. In terms of individual factories, the current mentality is relatively calm, after all, most individual factories have sufficient pre-sale orders, and there is not much inventory pressure in the short term. Even if the cost of metal silicon prices is loose and the demand side is poor, the operating pressure of individual factories is controllable. In August, special attention should be paid to the operating rate of individual units in Shandong and northern China. Before major events in September, there may be issues such as load reduction and restrictions on the transportation of hazardous chemicals. It is reported that various upstream companies have been closely monitoring this trend recently. Although new orders have been blocked, the DMC prices of most individual factories remain firm in the short term, and some manufacturers may offer discounts to core customers. Raw rubber market: raw material prices remain stable, and raw rubber quotations remain stable at 13500 yuan/ton. On the supply side: Currently, individual factories are actively scheduling production, increasing equipment load, and maintaining a high operating level of raw rubber equipment. In addition, in July, rubber mixing enterprises had some bottom fishing behavior, which eased the supply of raw rubber. In the short term, the inventory pressure of raw rubber manufacturers is not high, providing price support. In terms of demand, after the sharp rise in raw rubber, there is a strong resistance to mixed rubber, especially with the increase in operating rates of leading manufacturers. Ultra low price goods for June and July have also been shipped one after another, and sources with a price difference of nearly 2000 between high and low prices have arrived in the market. This has led to a significant cost gap among various mixed rubber enterprises and chaotic trading, resulting in a lack of motivation for stocking up this week. A-class customers are waiting for the August price adjustment by leading manufacturers, and the overall wait-and-see sentiment is heavy, with low new order transactions. Overall, the current price competition for raw rubber continues to be dominated by leading manufacturers with over a dozen orders. However, with a high volume of orders, leading factories have longer delivery cycles, and some A-class customers' orders have been diverted to other individual factories. It is expected that the raw rubber market will continue to operate smoothly this week. The mixed rubber market: Despite the strong prices of raw rubber, the surface price of mixed rubber remains stable at 12300-13300 yuan/ton. Specifically, the current atmosphere of shouting for price increases in the market is gradually fading, and low-priced goods have flooded the market in the early stage. The bidding pressure on rubber mixing enterprises has escalated, especially for manufacturers who have not stocked up at low levels. At this time, costs are rising, and they are unable to keep up with the increase in raw material prices. Previously, they had a bearish mentality and accepted orders at a discount. Now, low-priced orders require high priced raw materials for production and delivery, intensifying the pressure of losses. From an emotional perspective, the "Golden September and Silver October" are approaching, and the terminal consumer market remains calm with no obvious signs of consumer potential being released. This has led silicon product factories to maintain an on-demand procurement operation mode. Despite the lack of market confidence, silicon product factories have limited acceptance of high priced sources and transactions still revolve around low prices. In short, under cost suppression, it is expected that rubber mixing enterprises will be cautious in their import and export, with a focus on receiving payments.