General Administration of Customs Guangdong Branch: From January to May, the import and export of 9 cities in the Guangdong Hong Kong Macao Greater Bay Area reached 4.28 trillion yuan, a year-on-year increase of 18.8%, accounting for 20.7% of the national total. Among them, exports amounted to 2.53 trillion yuan, an increase of 10.7%, while imports amounted to 1.75 trillion yuan, an increase of 32.7%. Imported computer parts increased by 49.5%, while consumer goods increased by 70% -130%; The export of new quality products such as 3D printers and drones increased by 27.6% -120%. The import and export of AI related products continue to expand.
Silicone Weekly Report (June 8-14): The market remains weak and stable, and the supply-demand game continues
Last week, the overall organic silicon market remained stable, and the weak pattern continued. As of June 14th, the pricing range for mainstream products is basically clear: DMC mainstream offers range from 14700 to 15100 yuan/ton, and core large clients' transactions are negotiable; The quotation for 107 glue water purification is 14800-15000 yuan/ton, which also offers moderate discounts to large customers; The mainstream price of raw rubber is 15500-15800 yuan/ton; Dimethyl silicone oil remains stable at 16200-16800 yuan/ton.
Faced with new orders, upstream individual factories have shown a tough stance in raising prices, sticking to the bottom line of prices, taking "stabilizing prices and ensuring profits" as the core strategy, and refusing to give up easily. At present, the overall operation of the single plant is stable, and there are still some pre-sale orders as a buffer, but the industry's operating rate has shown significant differentiation. On the one hand, some individual factories have taken the initiative to reduce negative production in order to avoid the risk of inventory accumulation in the future due to weak follow-up of new orders; Among them, DMC and silicone oil head manufacturers have strictly implemented a 40% production reduction plan through parking maintenance. On the other hand, some individual factories in Zhejiang, Xinjiang, Hubei and other places have benefited from sufficient pre order scheduling and less short-term shipment pressure. This structural stable shipment provides strong support for the current market price center.
The supply side adjustment is accelerating, and the upgrading of national standards is imminent: individual factories continue to follow the tone of "reducing development", and the middle and lower reaches present the characteristics of "small but beautiful". Multiple mandatory national standards for silicone products have entered the final stage before their release. Prior to this, multiple national standards for food grade silicone rubber have been implemented. GB 4806.16-2025 "National Food Safety Standard for Silicone Rubber Materials and Products in Food Contact" has been officially implemented on September 2, 2026. This is China's first independent national standard specifically for silicone rubber in food contact, with a new limit on volatile substances (0.5g/100g), further raising the quality threshold for food grade silicone rubber. The energy consumption threshold continues to rise from the terminal to the upstream, and the supply side adjustment is reshaping the industry pattern. It has entered the channel of elimination, but the short-term pressure of individual factory orders has not been fully released, and the transmission of capacity elimination to price improvement still needs time.
In terms of corporate dynamics, companies such as Hengxing Technology, Xin'an Shares, Xingfa Group, and Hesheng Silicon Industry have responded to the layout of D4 products in the fiber optic field. A wholly-owned subsidiary of Hengxing Technology has sent samples of D4 products to Hengtong Optics for fiber optic verification. Xingfa Group is conducting multiple rounds of testing with fiber optic leading enterprises. Xin'an Corporation stated that D4 has become the core raw material for the mainstream process of fiber preform cladding, while Hesheng Silicon Industry has been steadily supplying to domestic core fiber optic enterprises since 2022.
Main product market: coexistence of high prices and discounts, shifting the focus of transactions downwards
DMC market: At present, DMC equipment of Shandong Fengdao enterprises is being shut down for maintenance, and the supply of low-priced goods in the market is shrinking. However, downstream enterprises on the demand side have also simultaneously reduced their production burden, resulting in a lackluster attitude towards receiving goods; Due to the increasing difficulty of storing goods in high temperatures during summer, most downstream enterprises choose to lower prices. The combination of multiple factors has led to a stable and weak DMC price. The mainstream quotation remains in the range of 14700-15100 yuan/ton, and it has become normal for core large clients to offer discounts on actual orders. The actual transaction focus has shifted to 14300-14500 yuan/ton. The overall production schedule for June is expected to decrease by 7.78% month on month, and the expectation of supply contraction provides bottom support for prices.
107 glue market: High level stalemate, dominated by wait-and-see sentiment. The current price for 107 glue water purification is 14800-15000 yuan/ton. Recently, many 107 rubber enterprises in various regions have been dissatisfied with the start of production, accompanied by phased load reduction and temporary parking, but the reduction scale is not enough to offset the overall supply increase. The fluctuation of silicone adhesive prices is limited, and the inventory of finished products in enterprises remains low. Silicone adhesive factories purchase 107 adhesives per order, and downstream electronic adhesive factories and photovoltaic adhesive factories have stable production. The demand for essential purchases supports market prices, and the overall trend is stable.
Raw rubber market: The high prices of DMC raw materials have formed rigid cost support, with mainstream quotations ranging from 15500 to 15800 yuan/ton. However, the weakening of the mixed rubber market has formed a certain hedge, which to some extent has suppressed the upward space of raw rubber prices, and the overall market is in a stable operation trend. Last week, the purchasing intention of the rubber mixing plant was weak, and actual transactions were rare. Some raw rubber manufacturers made small concessions during the negotiation process to activate their inventory.
Silicone oil market: Last week, the overall price of silicone oil in China remained stable, with mainstream prices for methyl silicone oil ranging from 16200 to 16800 yuan/ton. Foreign brand agents such as Dow, Wacker, Shinetsu, etc. quoted about 19500-20500 yuan/ton, and the price of silicone oil for cracking materials was 13800-14200 yuan/ton. The on-site trading performance was flat and orderly. Production enterprises have a strong willingness to raise prices, and the operation of silicone oil plants remains normal; Downstream procurement is normalized according to demand, with stable supply and demand in both directions. There is no adjustment in market prices, and silicone oil has become a resilient category in the industry chain.
On the whole, the Loong Boat Festival is approaching but the boost is limited, and the short-term market continues to be stable and weak. It is expected that the average transaction price will slightly decrease month on month in the coming week, and the concentrated shipment of goods by holders in the spot market in the second week may lead to a continued decline in transaction prices, followed by a slow rise in the third week. The pattern of "strong supply and weak demand" in the industry has not changed, but the tone of reducing development has been established, and the transformation of production capacity to price improvement still needs time to be transmitted. It is recommended to closely monitor the actual implementation progress of emission reduction and changes in plant operation, the pace of inventory depletion in the middle and downstream, the release time of essential needs, and the progress of export order recovery.
Price out of control! Soaring over 2000!! The domestic sulfur price has exceeded the 10000 yuan mark, rising nearly 600% in a year and a half. As of June 9th, the domestic sulfur market has officially entered the "10000 yuan era". The latest industry data shows that the mainstream price of solid sulfur in Shandong region is 10040 yuan/ton, and in East China region it has climbed to 10220-10310 yuan/ton. In just over a week, the price of sulfur has skyrocketed from less than 8000 yuan/ton in early June to over 2000 yuan; Compared to the average price of about 3850 yuan/ton at the beginning of 2026, the six-month increase has exceeded 160%; Starting from the low point in the second half of 2024, the cumulative increase over the past year and a half has approached 600%. This yellow particle, once considered an "industrial scrap", is now experiencing its craziest market trend in nearly a decade.