Entering mid April, the organic silicon market continues its high-level game pattern. DMC spot circulation continues to be tight, and Shandong monomer factories have relied on the advantage of spot delivery to smoothly transact new orders. Last week, DMC and D4 quotations rose by another 100 yuan. As of April 10th, DMC prices have risen comprehensively to 14500-14800 yuan/ton, and there is no room for negotiation; Supported by pre-sale orders, the overall shipping pressure of individual factories is controllable, and most enterprise orders have been scheduled until the end of April. On the demand side: Prior to the start of this round of upward trend, mid to downstream enterprises had already completed basic stocking, and their willingness to pursue higher purchases had cooled down. However, due to the intensive scheduling and extended actual delivery cycles of some individual factories, there are still enterprises that urgently need to purchase high priced spot goods for production. Overall, the upstream consistent emission reduction still effectively maintains the tight balance between supply and demand. In addition, the cancellation of export tax rebates may have an impact, and some export orders may face temporary pressure to reduce volume; However, under the energy crisis, overseas enterprises' production is restricted, which may accelerate the process of transferring some orders to China. At the same time, the cost surge caused by geopolitical conflicts and the acceleration of new energy demand may absorb the negative impact of the cancellation of export tax rebates in the short term. Based on comprehensive analysis, with the dual support of high cost operation and tight spot supply, individual factories have sufficient confidence in stabilizing prices and even slightly exploring price increases. DMC prices are expected to continue their strong operating trend. However, the lack of centralized replenishment power among downstream enterprises will constrain the upward space. In terms of external variables, the weekend negotiations between the United States and Iran did not reach an agreement, and the direction of geopolitical conflicts is still uncertain. The turbulent situation in the Middle East has led to a wide range of fluctuations in the methanol market. Subsequent suggestions focus on: fluctuations in raw material methanol prices, the implementation of emission reduction policies by individual factories, and the actual recovery pace of export orders. 【 Silicone Market Weekly Report - Full Analysis 】 Please click on the following link:
Rise up, rise up! DMC、 107 glue rises another 100! Longtou silicone oil reported 16600, raw rubber surged to the 16000 mark! Silicone adhesive is about to rise again! Quick look!