There are two main reasons for this price correction. One is the continuous correction of metal silicon price, with a large range, which weakens the support for silicone cost; Second, the downstream demand is too low, especially in the field of room temperature glue. Due to the very low real estate industry in recent months, 107 glue inventory is overstocked and it is difficult to ship. According to statistics, the housing turnover in many places has decreased by more than 20%, and it is difficult to restore growth in the short term. There is another unfavorable factor. The Winter Olympic Games is approaching, and many northern provinces stop production and construction, which also has a certain impact on demand.


Due to the recent downturn in the downstream, many monomer plants are under maintenance or planned maintenance, and the supply will be reduced. It is expected that after the price adjustment, it will maintain stability for a period of time, and the price fluctuation in December is small.


National Bureau of Statistics: in November, the prosperity of small and medium-sized manufacturing enterprises improved, and the PMI of large enterprises was 50.2%, which remained above the critical point, basically the same as that of last month. The PMI of medium-sized enterprises was 51.2%, ending the contraction trend for two consecutive months and rising above the critical point. The production index and new order index were in the expansion range, reflecting the recent recovery of production and demand of medium-sized enterprises. The PMI of small enterprises was 48.5%, an increase of 1.0 percentage points over the previous month, and the prosperity of small enterprises improved.


The initial annual rate of CPI in the euro zone recorded a record high of 4.9% in November.


The price of Longji silicon wafer was reduced by 7% - 10%. The official quotation of monocrystalline silicon wafer was adjusted on November 30 on Longji official website. The price of silicon wafers of all sizes decreased by 0.41 yuan / piece ~ 0.67 yuan / piece, with a decrease of 7.2% ~ 9.8%.