The downward trend is unstoppable! A fine of 150 million yuan and a sentence of 7 years and 9 months have been imposed on a well-known rubber company leader!
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Last week, DMC prices fell. The price of silicon metal is running weakly and steadily, while the price of methanol fluctuates strongly, and the cost fluctuation is not significant. The operating rate of some individual factories has increased, and under inventory pressure, consecutive price reductions have stimulated downstream stocking. Other individual factories have followed suit, with prices dropping by 500-1000 yuan/ton. The trend of bidding and shipping in the industry has intensified, and the center of market transactions has shifted downwards across the board. The current mainstream quotation for DMC is 11000-12000 yuan/ton, with an actual average transaction price of around 11100 yuan/ton.
Last week, the prices of DMC raw materials continued to decline, and the decline widened, driving the prices of 107 rubber, raw rubber, and silicone oil to generally follow suit, while the prices of mixed rubber remained weak and stable. Cost support continues to weaken, coupled with no significant improvement on the demand side, putting pressure on enterprises to take orders, and downstream and end enterprises showing a significant increase in bearish sentiment. It is expected that the price of organic silicon products will remain stable in the short term, with a high possibility of a slight decline.
Last week, the market for gas-phase silica remained stable with a slight decline, with stable quotes from companies being the main factor, but actual transaction prices have fallen slightly. The demand for raw material methyltrichlorosilane is good, and the price has slightly increased.