Immediately into December, the domestic silicone market fell into an atmosphere of difficulty in finding a breakthrough, and the upstream and downstream were deadlocked. Yesterday, DMC of some manufacturers fell slightly by 500 yuan / ton. The downstream demand has a heavy mentality of waiting to fall, and the goods are also extremely cautious. From the last wave of sharp rise to sharp fall, the recent market is almost no surprise. The market trading is flat, and silicone oil and silicone rubber present a "chicken rib" market in this atmosphere. There is a dilemma between up and down!


From the supply side, the chemical grade 421# metal silicon remained stable yesterday, with the lowest DMC offer of 30000 yuan / ton, and the DMC offer of other mainstream monomer plants was 32500 yuan / ton. In terms of devices, during the shutdown and overhaul of Zhangjiagang devices, the annual overhaul of devices in Hubei, and the finished products of new devices in Yunnan are planned in December. At present, the inventory pressure of monomer plants is OK, and the price stability mentality has always been ready to move, However, in the face of the off-season market and the rapid disorderly rise and fall in the early stage, downstream and traders are more inclined to lower the low price below 30000 and then plan to copy the bottom. This week, some manufacturers have begun to transfer profits and pay close attention to downstream goods preparation.


Demand: the domestic silicone market is in a stalemate, the market undercurrent is surging, and the manufacturers may boost market confidence. They still insist on stabilizing the price this week, and there may be large concessions for some large customers. If the preparation of goods by large downstream customers is started, the price is expected to stop falling and stabilize. However, if the cooperation of large downstream customers is poor, it does not rule out the bidding situation of manufacturers for shipment!


From the follow-up trend of metal silicon, the probability of maintaining stability is high, the price at the bottom of DMC is supported, the overall decline space is not large, and there is evidence to stabilize the price, but the current recovery of the overall terminal market is less than expected. The recent real estate relaxation and infrastructure overweight, as well as the impact of the foreign epidemic on the export market, can not make a clear judgment at present. In the short term, it is still weak and stable, waiting for the shock in December to accumulate strength and prepare for the next round of market.