Yesterday, the decline of metal silicon offer narrowed, but it was still weak, with a daily decline of 500 yuan / ton. At present, the quotation of chemical grade metal silicon 421# Huangpu port is 25300-27500 yuan / ton. The silicone market is dominated by bad factors. The industry looks sad at the future market, and Qi Qi makes a large profit to ship goods, so that the overall offer of the market is green. Some monomer factories have lowered 1300 yuan / ton again. At present, the mainstream quotation of DMC is 26000-26500 yuan / ton, but the actual trading volume of this price is general, and various low prices rumored in the market emerge one after another, which is like "stepping on" the market, which is in chaos. Therefore, everyone is bearish about the future market.


In addition, Yunneng silicon released a big news: at 00:40 a.m. on December 8, the first batch of 110 glue slowly flowed out of the discharge port of production line 1, marking the successful production of products by Yunneng silicon's 200000 t / a silicone production unit in phase I, and all production processes were opened.


Affected by the continuous decline of the cost side, the 107 glue market has taken a sharp turn, falling by 4500 yuan / ton all the way. At present, the mainstream quotation of 107 glue market is 26000-27000 yuan / ton. There are rumors in the market that the transaction price of 25000 yuan / ton continues to be upside down. Supported by export orders, the decline of domestic silicone oil is not as fast as that of 107 glue market. At present, the mainstream quotation of domestic silicone oil is 32000-34000 yuan / ton, with a decline of 2000-3000 yuan / ton this week.


From the supply side, 107 glue market continues to be poor, and the growth power of terminal consumption is insufficient, resulting in the inability of the demand side to digest too much 107 glue inventory, resulting in an imbalance between supply and demand, resulting in no market in 107 glue market, and the manufacturer's shipping pressure is too high. Under the pressure of multiple negative factors, the 107 glue supply side is still weak, which has a certain drag risk on the overall silicone market.


For domestic silicone oil, during the period of shutdown and maintenance of Zhangjiagang unit, the supply output is small and the price is high, which makes domestic silicone oil become a pastry in the eyes of many foreign trade enterprises, and the export orders remain optimistic temporarily, alleviating the pessimistic situation of lack of domestic orders to a certain extent. Due to different orders from silicone oil manufacturers, DMC also prepares goods appropriately according to its own order quantity. On the whole, it is too stimulated by raw materials, and there are too many bearish emotions in the venue.


From the demand side, the cost pressure of downstream silicone rubber manufacturers has been further alleviated during the sharp decline in the raw silicone oil and 107 rubber market, but the general environment of terminal demand is still not optimistic. Manufacturers with low inventory have made up an appropriate amount of positions for the purchase intention of silicone oil and 107 rubber. For this round of monomer factories to make profits again, they are slightly calm and still cautious, Waiting for this wave of market to pass, waiting for the next round of lower price bottom reading, we still need to purchase this week.


On the whole, under the crazy decline of monomer plants, the middle and lower reaches still have more or less prepared goods for 7-15 days, the inventory pressure of monomer plants has eased, the mainstream stability maintenance mentality is gradually rising, and more attention has been paid to the price of metal silicon and the release of new capacity recently. The bad mood has not dispersed, and the market is weak and stable!