Entering Wednesday, the domestic silicone market maintained a stable operation trend after rising. Yesterday, Dow issued another price increase notice, stating that starting from March 27, 2026 (or as allowed by the contract), Dow's Consumer Solutions Division will implement a new round of price adjustments, with an expected increase of 5% to 15%. It is understood that this department includes silicone oil D4、 Linear body, raw rubber, 107 rubber, large barrel rubber and other products. It is worth noting that this is the third time Dow has issued a price increase notice from November 2025 to March 2026. Please click on: Increase by 5% -15%! Dow Organic Silicon implements a new round of price adjustment! At present, in the domestic DMC market, boosted by the overall price increase in the past two days, midstream and downstream enterprises are actively following up with replenishment, and the market trading atmosphere is active. At the same time, individual factories are implementing emission reduction production in an orderly manner to consolidate price support. If the market supply continues to shrink in the future, some mid to downstream enterprises that maintain light warehouse operations may stock up in mid month, further boosting the market's upward momentum. However, considering that most midstream and downstream enterprises already have sufficient stock before the holiday and also replenish their inventory appropriately after the holiday, their willingness to stock up on raw materials in the short term is relatively limited. In addition, driven by the tense geopolitical situation in the Middle East and the daily limit up in futures, the domestic methanol market rose sharply again yesterday. Futures methanol 2605 continued to rise by the daily limit up, closing at 2557 yuan/ton, up 11.03%; The average spot transaction price is 2545 yuan/ton, up 225 yuan. The domestic operating load on the supply side has slightly decreased to 78.24%, and the inventory at coastal ports is at a medium high level. However, there is a possibility of destocking due to the decline in arrivals in March. The delay in resuming production of overseas facilities has exacerbated the import gap, and the recent sharp fluctuations in methanol may have a certain impact on organic silicon, providing cost support for individual factories. Overall, individual factories are maintaining a strategy of reducing emissions and raising prices, while downstream companies are maintaining a cautious replenishment pace under the expectation of the "traditional peak season". After the price increase this week, the atmosphere for new orders is average. It is expected that the silicone market will continue to maintain a stable trend after rising in the short term.
Raw rubber market: This week, raw rubber increased by 300 yuan, with a price range of 15100-15300 yuan/ton. On the supply side, the raw rubber equipment of individual factories maintains low load operation, supported by pre-sale orders for inventory. At the same time, some downstream enterprises have spot replenishment operations, and the supply and demand relationship is relatively stable. The overall supply pressure of raw rubber enterprises is not significant. On the demand side, influenced by bullish sentiment, the rubber mixing enterprises actively followed up with replenishment last week, resulting in sufficient raw material supply and low willingness to stock up at high levels. Orders are mainly based on monthly basic three vehicle stocking volume. However, the delivery progress of leading manufacturers is slow, and the delivery of orders is lagging behind. Some enterprises with urgent order replenishment needs have turned to other rubber factories to purchase spot goods, and the overall order differentiation trend continues. In the short term, leading manufacturers rely on stable A-class customer orders to provide strong quotes, while also providing confidence for other raw rubber enterprises to raise prices. Other enterprises also have spot replenishment orders to follow up, and the market performance is stable. It is expected that prices will maintain a strong trend in the short term.
Rubber mixing market: Driven by the rise in raw material prices, rubber mixing enterprises have followed up with quotes ranging from 14000-14200 yuan/ton, with a general increase of 200 yuan/ton. In terms of procurement, due to the extended delivery cycle of leading manufacturers, some enterprises are currently maintaining essential procurement to ensure stable production scheduling. In terms of shipments, the market's upward sentiment has boosted the enthusiasm of downstream silicon product companies for inquiries. Coupled with the recent frequent release of multiple hot selling products, the good performance of Spring Festival orders and export demand has driven some product companies to increase their production, thereby driving the purchase volume of rubber compounds. The overall order performance is stable. However, it should be noted that the price of raw rubber continues to operate at a high level, and the pressure on the cost side is increasing. The downstream silicon product procurement pressure sentiment still exists, and the profit margin of rubber mixing enterprises continues to narrow, leading to cautious trading. Overall, against the backdrop of improved supply and demand patterns, the mixed rubber market is mainly operating steadily.