On Monday, Xiaobian predicted that there would be another immortal fight. Sure enough, yesterday, the "price war" in the silicone market was upgraded again, and in the blink of an eye, it fully entered the era of 20000 +. First, the market of chemical grade 421# metal silicon fluctuated downward again. Now the quotation is 25300-28500 yuan / ton, a sharp drop of 2000 yuan / ton. This decline further lowered the trading focus of the overall silicone market. Then the raw rubber and compound rubber fell sharply. As we said, a wave of strong stimulation was carried out. Under the condition that the high-temperature rubber was also collectively lost, the market bad mood intensified. Yesterday, most monomer factories DMC did not quote temporarily, and the online price also held. However, under the influence of weak cost and weak demand, there is no suspense about falling to 25000 or below.


Yesterday, the opening quotation of raw rubber faucet plummeted by 5000-6000 yuan / ton to 27000 yuan / ton. The actual transaction price of large orders was 26000 yuan / ton. The raw rubber factory made a substantial profit and had an obvious willingness to ship. It can also be seen that the raw rubber shipment in the early stage did not meet the ideal expectation of the monomer factory, and the inventory accumulated. The manufacturer can only take the initiative to reduce the price and clear the inventory. At the same time, this profit transfer can also briefly boost the procurement demand of the rubber compound market, activate the market transaction atmosphere and adjust the downturn of the silicone market.


Rubber compound Market: in the case of raw rubber and sudden collapse, the offer of rubber compound also fell sharply. Now the mainstream quotation of rubber compound is 23000 yuan / ton, with a decrease of 3000-5000 yuan / ton. Stimulated by the rapid decline of raw rubber prices to ultra-low levels, many rubber mixing factories are ready to move. Although the bearish mood in the field is still the same, some rubber mixing factories still can't resist the "temptation" to prepare appropriate goods. As the rubber compound also fell sharply and the profit space is very limited, some small and medium-sized manufacturers are still cautious about purchasing just in need.


Demand for silicon products: in the state of increasing profit competition in the rubber compound market, increasing shipment intention and falling to a low price, the downstream silicon products market profit has been further repaired, but the decline has not stopped. The wait-and-see mentality of silicon products is mostly. Judging from the orders received by the rubber compound factory yesterday, it is still average. It is estimated that it will be necessary to wait until the raw rubber stops falling and rebounds, Silicon products may have a wave of centralized preparation.


According to the practice of upstream manufacturers, there is a rebound operation after a sharp decline, but we should note that the rebound does not mean that the market has reversed, and the balance between supply and demand still needs time to be adjusted. After all, the silicone market is facing the environment of a significant decline in cost and falling demand. In the short term, the overall situation is still weak, cautious and optimistic, and do what we can.