Counterpoint Research: Between 226 and 2032, the wearable device market is expected to bring trillions of dollars in cumulative revenue opportunities, with wearable devices with edge AI capabilities expected to contribute nearly 75% of market value. The penetration rate of edge AI in wearable devices is expected to rapidly increase from 30% in 2025 to nearly 80% in 2032. Industry data shows that the annual growth rate of organic silicon products applied to wearable devices in the next 6 years will exceed 30%.
Rising by 111%! Big companies are racing! The overall performance of the stock prices of organic silicon listed companies this year is impressive, with Sanfu Corporation recording a doubling increase, with its stock price rising from 19 yuan to 40.39 yuan, a cumulative increase of 111.36%, creating a myth of doubling this year.
Silicone Market Weekly Report (2026.5.11-5.17): Low season game cost support, stalemate and oscillation waiting for direction
Last week, the overall market for organic silicon remained stable, with only slight adjustments in quotes by manufacturers in Xinjiang. Prices from other individual companies remained stable, and production in various regions remained at around 69.5%. The spot market continues to remain stable: as of May 17th, the mainstream price of DMC is 14800-15300 yuan/ton, the Xinjiang market for metal silicon 421 # is stable at 9300-9700 yuan/ton, 107 rubber is 15200-15500 yuan/KG, silicone oil is 16200-16800 yuan/ton, and raw rubber is 15500-16100 yuan/ton. DMC/silicone oil continues to stabilize prices; The raw materials of methanol and chloromethane in the monomer plant are maintained at a high level of operation, and the cost support is still acceptable. The market price of industrial silicon has slightly decreased, and after continuous weakness in the early stage, the price of industrial silicon has reached a relatively low historical level.
On the supply side, the industry's operating rate fell slightly last week compared to the previous period. Part of the maintenance companies in the early stage plan to resume production this week. As of May 17th, the weekly operating rate of domestic organic silicon monomer enterprises is about 69.5%, still operating at a low level. However, some individual enterprises still continue to implement a moderate reduction in production and inventory control strategy, and the overall inventory pressure is controllable. On May 13th, a major single unit factory in Xinjiang made a slight adjustment to the online platform quotation, with DMC quoted at 15100 yuan/ton, 107 rubber quoted at 15400 yuan/ton, raw rubber quoted at 15500 yuan/ton, and dimethyl silicone oil quoted at 16200 yuan/ton; The remaining individual enterprises maintain stable quotations, mainly focusing on stable price shipments and wait-and-see operations.
Cost analysis: High raw material prices, industrial silicon bottoming out
In terms of raw materials, methanol and methyl chloride continue to operate at high levels. The price of methyl chloride in Shandong region remains stable at around 3400 yuan/ton, and the cost support of DMC is still acceptable. In terms of industrial silicon, the price of metallic silicon has slightly decreased this week, with a quoted price of 9300-9700 yuan/ton for 421 # in the Xinjiang market. On the supply side, a large factory in Northwest China has temporarily shut down 13 boilers due to power issues (which have not yet been restored as of the end of this week), and there are still expectations for increased production during the Southwest flood season. Overall supply expectations are relatively loose. After continuous weakness in the early stage, the price of industrial silicon has reached a relatively low historical level. In the futures market, the closing price of the main industrial silicon contract 2609 on May 14th was 8655 yuan/ton, releasing bearish sentiment.
DMC market: deadlocked consolidation, dilemma between rise and fall
The DMC market is mainly characterized by stagnant consolidation. The slight increase in raw materials in the early stage has brought cost support, but weak terminal demand and inverted production and sales have constrained the market, making prices difficult to rise or fall. Manufacturers mainly ship old orders, grassroots procurement has not been initiated, dealers follow up on new orders lightly, on-site shipments are lukewarm, and some individual factories moderately reduce production to control inventory. Due to sufficient low-priced pre-sale orders in the early stage, the short-term shipping pressure is relatively small, and the company maintains a high price strategy.
In terms of the 107 glue market, there is a strong wait-and-see sentiment, and the stalemate continues
The current overall wait-and-see sentiment in the 107 rubber market is strong, and the market is maintaining a high-level stalemate pattern. The cost of raw materials still has a slight increase, but downstream silicone rubber factories only maintain essential procurement, which significantly restricts the transmission of 107 rubber prices. The downstream market has a weak willingness to accept high-level supply, and it is expected that the 107 rubber market will maintain a stable operation trend in the short term, with actual transactions mainly based on individual discussions.
In terms of the raw rubber market, both supply and demand are weak, and bottom support still exists
At present, the raw rubber market presents a weak supply-demand pattern, with tight supply providing bottom support for the raw rubber market. However, weak demand from end mixing factories further limits upward space, and the overall market remains strong at a high level, stabilizing and consolidating. The short-term raw rubber market may mainly operate steadily, and it is expected that the raw rubber market quotation will remain firm this week.
In terms of silicone oil market: stable operation, light trading volume
The overall news of the silicone oil market is calm, with the market running steadily and prices remaining stable. At present, the pace of industry construction is stable, and the shipment and shipping of goods by holding enterprises are progressing in an orderly manner; Downstream purchases are made on a regular basis according to demand, with a smooth overall follow-up pace and a light atmosphere for on-site negotiations. Overall, the short-term silicone oil market will mainly focus on stabilizing prices, and there is currently no significant expectation of market fluctuations.