In the twinkling of an eye, there is only the last month left in 2021. November is an important turning point in this year's Silicone Market. At the beginning of the month, under the continuous decline in October, silicone rubber manufacturers encountered a cold winter, the mixed rubber market oversold, monomer factories bid for shipment, the quotation is halved compared with the previous high, and the low-end transaction price of DMC even fell to 28000 yuan / ton After a wave of bottom reading assistance, silicone oil enterprises form a bottom supporting force for the market.


In November, the domestic 107 rubber market was restrained first and then increased, mainly downward. The decline of the market is mainly due to the sluggish terminal demand, poor start-up of terminal construction sites, difficult to follow up the demand for silicone rubber, serious early losses, difficult to reshape market confidence, the shutdown and transfer of some manufacturers, and the start-up of the industry decreased significantly. Another important glue for photovoltaic modules also needs to be further reduced due to the sharp rise of raw materials and poor operating rate, which forms a significant negative atmosphere for monomer factories. At present, the supply of 107 glue in China exceeds the demand, and some monomer factories have appropriately reduced the production capacity of 107 glue, but it is still difficult for the market to get rid of the downward trend under the supply-demand game.


To sum up, the demand side of the 107 glue market was relatively weak and insufficient support in November. The decline stopped when the 107 glue market fell to about 30000 yuan / ton at the beginning of the month. Although there was a short-term positive stimulus from DMC, the manufacturer's overall intention to support the price was also strong. The quotation was pushed up with DMC for many times in the middle and late November, but the market entry of the terminal market was negative, the consumption of high priced silicone glue inventory was slow, and it was fast shipping at the end of the month, Silicone rubber factories are also competing to make profits, so the purchase of 107 rubber is stagnant, and the market is in a stalemate. As of November 28, the domestic 107 glue market quoted 33000-33500 yuan / ton. According to our understanding, the firm transaction price of some manufacturers fell below 30000, forming an upside down market with DMC.


In November, the domestic silicone oil market fell sharply and rose slightly. At present, the latest market quotation is 38000-40000 yuan / ton, a decrease of 32.17% in the month. In the first ten days, the DMC price fell sharply, which suppressed the negative pressure on silicone oil, dragged down the cost side and lacked market confidence. Silicone oil prices fell sharply with raw materials, and the transaction focus fell. Since the middle of the year, silicone oil has stabilized and rebounded driven by DMC, and imported silicone oil has been in high difficulty, which is conducive to the steady rise of domestic silicone oil. On the whole, the performance of silicone oil supply end in November was relatively optimistic. At present, the broad quotation of imported silicone oil is 55000-65000 yuan / ton. Dragged down by the domestic market, the quotation of domestic agents decreased by 11.11% within the month.


On the demand side, due to the high price of imported silicone oil, domestic silicone oil has obvious export advantages. In November, silicone oil export orders were strong, and some manufacturers' orders were scheduled to the middle of December. However, the market trading atmosphere of domestic textile and daily chemical industries is light, the demand follow-up is poor, the purchase of silicone oil factories and traders' resources is relatively small, the wait-and-see atmosphere increases, and the orders in the domestic market continue to turn light. In addition, the overhaul of Dow and wacker Zhangjiagang units in December was beneficial to the domestic silicone oil market. The small fluctuation of DMC may have little impact on the silicone oil price, and it is mainly stable in the short term.