Outbreak! Although the quotation of DMC, raw rubber and compound rubber is "stable", the bearish mood is increasing!
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Yesterday, when the metal silicon market stabilized, some monomer factories in the DMC market also stopped falling and stabilized, and the mainstream monomer factories also adjusted the DMC quotation appropriately. At present, the wide quotation of DMC is 23500-25000 yuan / ton, and the actual transaction price is 23500-24000 yuan / ton. However, the bearish mentality of the middle and lower reaches remains unchanged, and the purchase is just needed. Especially at present, the epidemic situation in many places rebounds a little, and the new year holiday, whether the logistics can be full of uncertainty as usual. Therefore, from the perspective of downstream enterprises and traders, only the absolute low price will increase everyone's confidence in preparing goods and stimulate everyone's enthusiasm for bottom reading. However, the profit margin of the monomer plant continues to be compressed. There were more raw rubber orders last week, and the subjective will still tends to maintain stability.
Raw rubber Market: raw rubber factories dropped sharply last week and received more orders. Some manufacturers had to arrange orders for about two weeks. There was little pressure on short-term raw rubber inventory and strong confidence in maintaining stability. Yesterday, mainstream raw rubber factories quoted 26500-27000 yuan / ton, but DMC of some monomer factories decreased successively. The atmosphere for new raw rubber orders this week was empty, and most manufacturers mainly issued orders last week.
Compounding rubber Market: under the condition of strong raw rubber price, it forms a certain cost support for the compounding rubber market. The offer in the compounding rubber market is mainly large, stable and small. At present, the mainstream offer in the compounding rubber market is 22000-23000 yuan / ton. As the rubber mixing plants are more worried about the future market and have a positive shipping mentality, the phenomenon of transaction bidding is still common.
Unexpected factors: on the evening of the 13th, Dongguan Dalang had a public health emergency. Due to the large number of silicone rubber enterprises in Dongguan, people in the industry had a certain negative mentality. According to the official news, as of 12:00 on the 14th, a total of 802369 people had been sampled in Dongguan Dalang Town, and 255292 results had been issued, all of which were negative. Remain optimistic for the time being, all manufacturers are still in normal production, and the overall delivery is acceptable. However, under the management of prevention and control work, some silica gel factories had poor supply circulation, forming transaction resistance. In addition, travel was also strictly controlled in Hangzhou, Shaoxing and Ningbo, Zhejiang. These unexpected news made the demand for goods preparation uncertain before the festival and tested the factory's holiday before the year, which also made everyone not optimistic about the price of raw rubber.
Generally speaking, there are a lot of bad news about the market end demand, the overall environmental situation is relatively volatile, the sustainability of new orders for raw rubber and compound rubber is not enough, and the downstream silicon products market continues to keep the price down. Most manufacturers purchase in an appropriate amount, and a large number of goods are still on the sidelines. Near the end of the year, whether the silicon products factory will have a holiday in advance or celebrate the new year locally this year will also deeply affect the price trend of compound rubber. It is expected that the raw rubber and mixed rubber market will mainly be slightly consolidated this week. Specifically, we should also pay attention to the follow-up prevention and control work and market transactions in Dongguan and Zhejiang