In the second quarter, global sales of new energy vehicles (NEVs) such as pure electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles reached 4.868 million units, an annual increase of 30%. If including hybrid electric vehicles (HEVs), the sales of electric vehicles (EVs) in the second quarter reached 6.456 million units, accounting for 29% of the global total car sales. Benefiting from strong demand in the automotive industry, multiple downstream companies have reported a 15% year-on-year increase in organic silicon orders this year, while prices remain stable, creating a dual positive situation of "quantity and price stability" and consolidating profitability.
Under sustained high inventory pressure, the silicone market continued to show a "price for volume" trend on Wednesday. The DMC quotation of benchmark enterprises in Shandong region has been lowered by 200 yuan/ton to 10800 yuan/ton, falling below the key replenishment psychological price of 11000 yuan/ton, while the quotations of most other individual enterprises have temporarily remained stable. Specifically, 1 The mainstream quotation for DMC is 10800-12300 yuan/ton, with some manufacturers showing a steady decline but with limited room for actual profit sharing; 2. There is a partial discount in the 107 rubber market, with mainstream transaction prices ranging from 12500-13000 yuan/ton, and a relatively positive trading atmosphere; 3. The price of raw rubber remains stable at 13000-13500 yuan/ton, and the enterprise holds sufficient pre-sale orders. Actual transactions are subject to negotiation; 4. The quotation for silicone oil is 14000-14500 yuan/ton, and the actual transactions are mostly close to the lower limit of the price range.
In terms of raw materials, the silicon metal market is showing a synchronized supply and demand trend, and it is expected that the short-term price will continue to fluctuate. From the perspective of the supply and demand structure of organic silicon itself: on the supply side, as early orders are gradually delivered, the inventory level of individual factories continues to rise; On the demand side, downstream enterprises still focus on essential procurement, and bearish sentiment in the market remains widespread.
Recent market trends have shown that as most individual companies have completed the delivery of previous orders, their willingness to accept new orders has significantly increased, and some manufacturers have slightly loosened their quotes. The main production enterprises in Shandong continue to implement the strategy of accepting orders at low prices. Although the profit margin is limited, low-priced resource transactions are active, effectively driving the market atmosphere. The purchasing mentality of downstream enterprises tends to be positive, with an increase in inventory replenishment operations at low prices, and the overall market activity of new orders has significantly increased compared to the previous period. (Note: The data in the article is as of 3:00 pm on August 19th. Market information is for reference only, and there are risks in the market. Decision making should be cautious.)
Three more chemical companies have been 'punished'! Recently, the Emergency Management Bureau of Juye County, Heze City, Shandong Province, issued a notice stating that Juye County XXX Fine Chemical Co., Ltd., Juye County XXX Chemical Co., Ltd., and Juye County XXX Chemical Technology Co., Ltd. have committed multiple violations of Article 24 (2) of the Regulations on the Safety Management of Hazardous Chemicals, and have imposed administrative penalties on the relevant enterprises and responsible persons in accordance with the law.
The specific punishment information is as follows: XXX Fine Chemical Co., Ltd. in Juye County was fined RMB 77500 for excessive storage of hazardous chemicals; Juye County XXX Chemical Co., Ltd. was fined RMB 120000 for producing the general chemical triazoles in the northern half of the third workshop without proper facility design, and its main person in charge was fined RMB 25000; Juye County XXX Chemical Technology Co., Ltd. has been fined RMB 85000 for the production of the general chemical chlorpromazine in workshop four without proper safety facility design. The main person in charge is expected to be fined RMB 25000. (Source: Juye County Emergency Management Bureau, Shandong Business Daily Speed Leopard Heze)
Latest news from Dongyue: Recently, Dongyue Silicon Materials replied on the interactive platform that the company specializes in the research and development, production, and sales of organic silicon materials. Its main products include silicone rubber, silicone oil, silicone resin, gas-phase white carbon black, and organic silicon intermediates. Organic silicon products are widely used in electronic appliances, power, automobiles, new energy, and other fields due to their excellent sealing, weather resistance, and insulation properties. The company currently does not have products directly used in the "chip manufacturing field", and most of the products need to be reprocessed before being used in downstream terminal industries. Sources revealed on Tuesday that the Dongyue facility has resumed normal production, but the output is limited.
Applied Materials, the largest semiconductor manufacturing equipment company in the United States, has released an expectation that its sales from August to October 2025 will decrease by 5% compared to the same period last year. The company's sales to its largest market, China, have stagnated, with the first reduction in revenue in seven quarters. Behind the sluggish sales in China is the US government's export control on manufacturing equipment. Gary Dickerson, CEO of Applied Materials, admitted that "export license applications are in a backlog state".
Americans are beginning to withdraw from the credit card spending frenzy during the epidemic period. After the surge in credit card spending, which pushed Americans' credit card balances to more than $1 trillion, the growth momentum is now slowing. According to the latest spending data from Visa and Mastercard, the growth rate of credit card spending has been slower than debit card spending since the end of last year, marking the first time in nearly four years that this situation has occurred. American consumers are becoming increasingly cautious about increasing debt.